Karam Shaar Advisory LTD

Iran’s Oil Increasingly Bound for Syria and China

Syria Iranian oil imports

Syria and China procure increasingly higher amounts of Iran’s discounted oil as the West turns a blind eye, mulling a new nuclear deal with Tehran’s regime.

As I show in this graph, Iran’s exports this year are the highest since 2019, the year after the US exited the JCPOA (“the Iran Nuclear Deal”).

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