Iran's Oil Exports Plummet Amid Renewed US Naval Blockade

 

Iran's oil exports have reportedly fallen to virtually zero as a result of the renewed US naval blockade, according to an analysis cited by the New York Post (NYP).

The assessment was made by a former senior official at the US Treasury Department, who warns that the drastic reduction in oil revenues could have severe repercussions for the Iranian economy.

According to his projection, the financial impact could begin to be felt most intensely by the country's economic and political elites, affecting the resources available to sustain the state apparatus.

The former official estimates that, if current conditions persist, the economic consequences could contribute to increased internal pressure on the Iranian government and eventually destabilize the regime within two to three months.

The situation represents a new point of tension between Washington and Tehran, given the strategic importance of hydrocarbon exports to the Iranian economy.

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