Oil exports, a key driver of Iran’s economy, account for 30-40% of government revenues and fund infrastructure, industrial development and social programs. It also serves as a strategic tool for Iran’s international relations and energy diplomacy, a report by Iran’s oil ministry’s news service said on Monday.
Over the past 12 months, Iran’s oil industry has not only been maintained, but also increased export growth through strategic planning and resource management, and has also hit new highs under strengthened sanctions.
The US Treasury imposes the 14th sanctions package on August 8, targeting the transportation sector, primarily with 147 measures. Despite these restrictions, Iran’s crude and condensate exports for the first four months of 2025 averaged 21,000 barrels per day compared to the same period last year.
International Energy Tracker also confirmed the surge. According to KPLER, Iran’s oil shipments to China in March reached 1.81 million barrels per day, up 22% from the 2024 average. The International Energy Agency reported average Iranian exports of approximately 1.7 million barrels per day in the first half of 2025. Data from tanker trucking company Vortexa showed that exports reached 1.8 million barrels per day in late June.
Officials credit the results to the resilience and commitment of the oil sector workforce, as well as strategic management under pressure. Oil Minister Mohsen Paknejad said last February that he would adapt to increasingly sophisticated measures in response to tightening restrictions.
MNA