Iran's Oil Revenue Surpasses $12 Billion Mark Despite US Sanctions and Blockade

Iran's oil exports, primarily to China and India, have increased despite the US-led blockade. The country's state-owned oil company, National Iranian Oil Company (NIOC), reported a 14% rise in revenue compared to the same period in 2025. The US has imposed sanctions on Iranian oil shipments, but Iran has circumvented these measures by using non-US-flagged vessels and third-party intermediaries. The increase in oil revenue has provided Iran with greater financial flexibility to fund its military and regional activities.