Iran Maintains Steady Oil Exports Amid Ongoing Maritime Conflicts

Despite significant maritime disruptions in the Strait of Hormuz due to recent conflicts, Iran continues to export oil at nearly pre-war levels. Analysts estimate that Iran has exported approximately 12 to 13.7 million barrels of oil since February 28, averaging around 1 million barrels per day. This situation highlights Iran's ability to sustain its economy and military efforts despite attacks on shipping in the region. The U.S. has not taken measures to halt these exports, allowing Iranian vessels to operate alongside those from India and China. As tensions persist, Iran is leveraging its control over the Strait as a bargaining chip in its relations with oil-dependent countries, particularly in Asia.

Key Details: • Iran has exported between 12 to 13.7 million barrels of oil since February 28. • Current export rates are around 1 million barrels per day, down from 1.69 million barrels per day last year. • Iran's oil infrastructure on Kharg Island remains operational despite ongoing conflicts. • India has released three Iranian tankers in exchange for oil transit permissions.