Iran central bank chief says oil exports have fallen to zero

Posted by WillyNilly1997

5 Comments

  1. D_Ethan_Bones on

    Daily reminder they attacked their neighbors, anyone pretending trade was going to revitalize the regime was just consuming regime propaganda.

    >[Iran](https://www.thenationalnews.com/mena/iran/) is currently exporting no oil, according to the country’s central bank chief, who warned that access to foreign exchange reserves has become more difficult after being blocked by the US.

    And furthermore Iran was also the last bagholder to economically depend on the Strait of Hormuz, so when they raised the strait’s insurance rates it was an immediate backfire. Pipelines everybody else invested in, *instead of investing in terrorist fronts against USA and Israel,* see their trade value rising when Iran is unable to export.

    >Iran is also under growing economic pressure, with the war compounding inflation, currency weakness, energy shortages and sanctions, while damaging infrastructure and disrupting trade.

    And shortage of spare truck parts, which has gone on for several years. A temporary trucking disruption makes cities miserable fast, a *long term* trucking disruption can only be worse. Combine with a shipping disruption and the trucks will only get harder to fix. Notice how there are more bicycles and fewer eighteen wheelers in pictures of Iranian streets.

  2. The regime still doesn’t care and is being back by China and Russia through the back door.

  3. SlartibartfastMcGee on

    Meanwhile life is pretty much exactly the same here in the US.

    Oh, I forgot. Oil costs a buck more now. Better let Iran have nukes so I can save $19 a tank.

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