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Iran oil exports hit six-year high as West considers tougher sanctions

London | Iran is exporting more oil than at any time in the past six years, giving its economy a $US35 billion ($51 billion) a year boost, even as Western countries discuss stepping up sanctions in response to its attack on Israel.

Tehran sold an average of 1.56 million barrels a day during the first three months of the year, almost all of it to China, and its highest level since the third quarter of 2018, according to data company Vortexa.

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    Original URL: https://www.afr.com/world/middle-east/iran-oil-exports-hit-six-year-high-as-west-considers-tougher-sanctions-20240418-p5fkyp