$139 million/day: How is Iran quietly profiting from Strait of Hormuz blockade while global oil choke amid war?
Economic Times

$139 million/day: How is Iran quietly profiting from Strait of Hormuz blockade while global oil choke amid war?

Iran's Oil Revenue: While several oil-exporting nations are facing logistical and supply challenges due to instability in the Strait of Hormuz — a critical global oil transit route — Iran appears to be gaining from the situation. The disruption has tightened supply conditions, pushing oil prices higher, which in turn has boosted Tehran’s earnings from crude exports.

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