October 21, 2024 | Policy Brief Biden Administration Admits Iran’s Oil Exports Have Grown Exponentially in Value and Volume
exports have increased in value and volume. The report found that between 2021 and 2023, Tehran sold $144 billion of petroleum and petroleum products. This contrasts sharply with the “Maximum Pressure” period, during which Iran’s oil exports declined to just $16 billion in 2020. The trend has been both broad and consistent. Crude oil and condensate exports more than tripled between 2020 and 2023 to more than 1.59 million barrels per day. Iranian petroleum product exports increased more than 50 percent over the same period. https://www.fdd.org/analysis/2024/10/21/biden-administration-admits-irans-oil-exports-have-grown-exponentially-in-value-and-volume/