Iran Tests Oil Trade Revenues Amid US Blockade

Iran is finding ways to profit from oil trade despite being trapped by the US blockade in the Gulf. According to a former Iraqi financial adviser, Tehran is testing its ability to earn revenues from the wider oil market. The country is allowing foreign cargoes through strategically, creating opportunities for extracting value from access itself.

The move suggests that Iran is trying to find ways to circumvent the US sanctions and earn some income from its crude oil. However, the effectiveness of this strategy remains to be seen.