January 03, 2022 | Claire Jungman and Daniel Roth
Flying in the face of American sanctions, which bans Iranian oil trade, Tehran has managed to dramatically increase its oil exports for 2021 compared to the previous year. By September 2021 – when Iranian Oil Minister Javad Owji said, “there is strong will in Iran to increase oil exports despite the unjust and illegal U.S. sanctions” – Iran had already surpassed the amount of oil it exported in the entirety of 2020.
In the nine months from January to September 2021, Iran exported almost 300 million barrels of crude oil and gas condensates. That is almost 100 million barrels more than the equivalent period in 2020.