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Since U.S. and Israeli strikes on Iran kicked off on Saturday, the focus of the world has once again turned to the Middle East, as concerns continue to build over how this chapter of the region’s history will draw to a close.
While there is a great deal of uncertainty about the road ahead for the region, we can begin to quantify Iran’s importance in the world of energy supplies and briefly look at some of the knock-on effects should the Iranian regime fall.
By The Numbers
According to recent figures from S&P Global, Iran exports approximately 1.424 million barrels of oil and condensates per day.
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About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.