Iran's oil exports maintain resilience during conflict, increasing revenue strengthens bargaining chips According to BlockBeats, on June 16th, despite the tense situation in the Strait of Hormuz and its impact on the global energy market, Iran's oil export revenue did not contract significantly as expected during the months long conflict following military strikes against Iran by the United States and Israel. Instead, it experienced growth in some periods. The report cited data from the oil and gas industry, stating that during most of the war, Iran's daily oil export revenue was even higher than before the conflict broke out, which weakened the external judgment that its economy was rapidly cut off. The US government has previously assessed that sanctions and military pressure will rapidly compress Iran's financial capacity and weaken its ability to maintain the operation of its military and energy systems. However, the actual situation shows that despite facing sanctions and geopolitical conflicts, Iran still maintains a certain scale of crude oil exports through its existing export network, making its energy income chain resilient in the conflict. This result has also led to a re evaluation of the effectiveness of sanctions and the stability of energy supply in the Middle East in the market. Analysts point out that the sustainability of energy exports means that Iran still has certain economic support capabilities in subsequent diplomatic and ceasefire negotiations, and its chips in regional games have not been completely weakened. [Original link]