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Commodities

Iran's Oil Exports Won't Hit Zero Amid US Sanctions

Guavy AI Editorial Team
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Oil
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Iran's oil exports to the US have been impacted by sanctions, but according to Ali Nikzad, Iran cannot bring its exports to zero. Speaking on Aaj English TV, Nikzad mentioned that Hormuz and Bab Al-Mandab are critical chokepoints for oil exports.

Nikzad stated that these waterways are a major concern for countries relying on Middle Eastern oil supplies. The US has imposed sanctions on Iran's oil industry, but Nikzad believes it will not be possible to completely halt Iranian oil exports.

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