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Report: Iranian Oil Profits Doubled Since Start of War

by Kyle Anzalone
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Since the US and Israeli surprise attack on Iran, Tehran has continued to export oil that is selling at significantly higher prices. 

According to an analysis by The Economist, nearly all of the oil tankers currently exiting the Persian Gulf are linked to Iran. After the surprise attack on February 28, Tehran closed the Strait of Hormuz to US and Israeli-linked shipping. The restrictions include preventing Washington’s Gulf Arab allies from exporting oil. 

While most Gulf countries’ oil exports have dropped to zero, The Economist spoke with a source. . .

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