Loading...
Market
Which country will be the primary destination for Iran's oil exports in 2025?
2
Resolution / Starting Odds
China • 25%
India • 25%
Europe • 25%
Other • 25%
Trade reports and data from international trade organizations
Story
Iran's Revolutionary Guards Control 50% of Oil Exports Amid Western Sanctions
Dec 18, 2024, 07:36 AM
Iran's Revolutionary Guards have significantly expanded their control over the country's oil industry, now managing up to 50% of Iran's oil exports, according to Western officials, security sources, and Iranian insiders. This increase in control, from about 20% three years ago, has been facilitated through a shadow fleet of tankers, logistics, and front companies that primarily sell the oil to China. The revenue from these exports is a major source of income for Tehran and is used to fund the Guards' proxies across the Middle East. Despite stringent Western sanctions reimposed by the U.S. in 2018, Iran continues to generate over $50 billion annually from oil exports.
View original story
Similar markets
Asia • 25%
Europe • 25%
Africa • 25%
Other regions • 25%
China remains the largest buyer • 25%
India becomes the largest buyer • 25%
European countries become major buyers • 25%
Other countries become major buyers • 25%
China, India, South Korea • 25%
China, Japan, Turkey • 25%
India, Turkey, UAE • 25%
Other combination • 25%
China • 25%
India • 25%
Turkey • 25%
Other • 25%
Asia • 25%
Europe • 25%
Africa • 25%
Americas • 25%
China • 25%
India • 25%
European Union • 25%
Other • 25%
China • 33%
India • 33%
Other • 34%
China • 25%
India • 25%
European Union • 25%
Other • 25%