Iran's oil exports reach 50 million barrels
Iran's oil exports increased after the lifting of American restrictions as part of the new agreement with Washington. They reached approximately 50 million barrels over the past two weeks. Analysts expect this to generate between 8 and 10 billion dollars for the government within 60 days. Primarily, these revenues are anticipated to provide short-term support, but they will not be sufficient to escape the economic crisis. The economy still faces inflationary pressures and significant reconstruction needs, which have caused damage amounting to $270 billion, with inflation rising to 88.6%, a decline in the currency's value, and weakened domestic demand.
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