Last Updated on April 5, 2026 1:19 am by BIZNAMA NEWS
AMN / WEB DESK
Iran’s oil earnings have reportedly risen sharply in recent weeks, with daily revenues nearly doubling since late February as tensions in the Middle East reshape global energy markets.
According to an analysis published by The Economist, the escalation of the ongoing confrontation involving the United States and Israel has had an unexpected economic consequence: a surge in Tehran’s oil income. As the crisis enters its fifth week, the conflict has disrupted normal energy flows and altered the balance within the global oil trade.
A major factor behind this shift is the effective disruption of the Strait of Hormuz, one of the world’s most important oil transit routes. Roughly 15 percent of global oil supplies usually pass through this narrow maritime corridor connecting the Persian Gulf with international markets. The disturbance of shipping traffic has reduced exports from several Gulf monarchies, tightening supply and pushing oil prices upward.
Against this backdrop, Iran has increased its shipments and benefited from higher prices. Data cited in the analysis suggests that Iranian exports are currently ranging between 2.4 million and 2.8 million barrels per day (bpd). Of this total, about 1.5 to 1.8 million bpd consists of crude oil, while the remainder includes condensates.
Higher prices combined with sustained export volumes have significantly boosted Iran’s daily oil income despite the ongoing geopolitical tensions and international sanctions.
Energy analysts say the development highlights the resilience of Iran’s oil sector, which has adapted over the years to operate under restrictions and conflict conditions. Even as hostilities continue, the country has managed to maintain production and export channels.
A key factor in this continuity is demand from China, which remains the dominant buyer of Iranian crude. Estimates indicate that more than 90 percent of Iran’s oil exports are currently destined for Chinese refineries, ensuring a steady outlet for Tehran’s shipments.
Market observers note that the evolving conflict is reshaping global energy dynamics, with disruptions in traditional supply routes creating new economic opportunities for some producers while putting pressure on others in the region.