Iran's oil exports have sharply increased

Iran is maintaining its economic strength even as the situation in the region intensifies. Zamin.uz reports this.

According to international news sources, oil exports through the Strait of Hormuz under Iranian control have increased since the war began. Currently, an average of over one million, approximately 2.1 million barrels of oil are transported daily through this strait.

This figure is slightly higher compared to February, and while other countries in the Persian Gulf region have reduced their exports, Iran continues to supply oil to Asian markets. However, alongside the security situation in the region, the global economy is being watched with concern.

Iranian officials and international analysts emphasize that if the situation becomes even more complicated, oil prices could exceed $200 per barrel. In recent days, Iran's armed forces launched attacks on several merchant ships in the Persian Gulf, and since the war began, fourteen civilian vessels have been damaged.

Furthermore, it has become known that Iran placed twelve sea mines in areas near the strait. These actions pose a serious threat to oil and natural gas transportation routes.

The leadership of the United States is taking measures to prevent prices from rising excessively. President Donald Trump announced a decision to release millions of barrels of oil from the country's strategic petroleum reserve onto the market.

The main goal of this measure is to keep global oil prices stable or even reduce them slightly. Currently, the world's attention is focused on this economic and military struggle between Iran and the USA, and potential future changes in oil prices are of significant importance for many countries.