New tanker-tracking data shows that Iran’s new oil exports have effectively ground to a halt, while crude exports from Arab countries in the region surpassed pre-war levels in the final week of September. Data from commodities intelligence firm Kpler shows that regional crude exports reached their highest level since the war began in late February.
Iran oil exports vanish as regional flows surpass prewar levels Read More »
Iran’s economy contracted sharply in the spring as war hit its oil and gas sectors, with new data pointing to an energy crunch that could force Tehran to balance gas exports against rising domestic demand as winter approaches. Iran’s Statistical Center reported that gross domestic product contracted 10.1% year on year in the spring, with
War deepens Iran’s energy crunch ahead of winter Read More »
Iran’s decision to double the price of gasoline sold outside subsidized quotas could generate less than $500 million in additional annual revenue under current consumption patterns, but can it resolve the structural pressures behind the country’s growing fuel shortage? After weeks of reduced gasoline supplies and kilometer-long queues at filling stations, the government raised the
Iran’s gasoline price hike may add to revenues, but can it ease fuel shortage? Read More »
Iranian officials are warning of a daily deficit of around 14 million liters of gasoline—a crisis visibly marked by kilometer-long queues outside filling stations across the country. While the government primarily attributes this shortage to growing car ownership and high domestic fuel consumption, our analysis of vehicle and energy data at Iran Open Data shows
Inside Iran’s Daily 14 Million-Liter Gasoline Shortfall Read More »
Iranian crude loadings have fallen to about one-seventh of their pre-war level under the US naval blockade, while Chinese receipts of Iranian oil and fuel exports have also dropped sharply, tanker-tracking data reviewed by Iran International shows. Data from commodities intelligence firm Kpler shows Iran has loaded an average of about 287,000 barrels per day
Iran crude loadings plunge to one-seventh of pre-war level as blockade bites Read More »
New Chinese customs data show that Iran has experienced the steepest decline in trade with China among countries in the region during the first seven months of 2026.Bilateral trade between Iran and China fell 57% year-on-year to just $2.58 billion during the January–July period.Iraq recorded a similarly sharp decline, while Oman suffered the least disruption
Iran Records the Region’s Sharpest Decline in Trade with China Read More »
The World Bank says that nearly 30 billion cubic meters of gas produced from Iran’s oil fields were flared and wasted at the production stage last year. This amount is equivalent to more than 10% of the country’s total gas production and also equals 65% of Iran’s total residential natural gas consumption last year. According
Iran Flared 30 bcm of Gas, Equivalent to 65% of Residential Consumption Read More »
The latest Statistical Review of World Energy published by the Energy Institute paints a troubling picture of Iran’s energy sector: a country with some of the world’s largest oil and gas reserves is increasingly struggling to meet its own energy needs. The report shows a sharp slowdown in the growth of electricity generation and natural
Iran’s energy growth slows to a crawl as demand races ahead Read More »
The agreement between Tehran and Washington holds out the prospect of sanctions relief and potentially unprecedented foreign investment, but many of its economic promises remain uncertain and some may prove difficult to deliver even if negotiations succeed. The relative strengthening of the Iranian rial suggests the agreement has already had a positive psychological impact. The
Iran may get a lifeline, but major obstacles remain Read More »
Iran forfeited roughly $540 billion in oil export revenue between 2012 and May 2026, the period defined by successive rounds of Western sanctions on its energy sector. That gap works out to $6,000 for every Iranian citizen, or $24,000 for a household of four, equivalent to 1,950 days of work at the minimum wage. An
Iran Lost $540 Billion in Oil Revenue Since 2012 Sanctions Read More »
