Including against its oil industry which has helped fund its military activities and those of its proxies across the middle east. Data from Energy Analytics firm, vortexa, suggests that in the first three months of this year, iran exported more oil than at any time in the last six years, with most of it going to china. Iran currently produces about 3 of the worlds oil supplies. Earlier i spoke to Philip Worman who is a senior Managing Director we have heard about new sanctions from the us and uk, targeting executives of an Engine Manufacturer that supplied the drones iran used in that attack on israel. Companies also linked to irans Steel Industry are being targeted. Earlier i spoke to Philip Worman who is a senior Managing Director at Risk Consultanchs held. Philip advises on sanctions risk. Well, its interesting. Even with the recent Missile Attacks on israel, the price of crude really hasnt gone up in the same way that you saw with previous geopolitical shocks. So crude is kind of p
josephs, thank you very much. - middle east at the moment. jonathan josephs, thank you very much. a - josephs, thank you very much. a quick look at some other news making the headlines now. the former deputy governor of china s central bank has been charged with illegally accepting more than $50m of property either directly or via his relatives. according to state media, fan yifei has appeared in court and a verdict is set to be announced at a later date. he s one of the highest ranking officials at the bank to be caught up in president xi s anti corruption drive. the world s biggest computer chipmaker tsmc says demand for chips to power artiifcal intellgegence is insatiable . the taiwanese company is planning to spend as much as $32bn on new factories as it tries to meet that demand. profits for the first three months of this year rose 9% to almost $7bn as customers including apple and nvidia drove demand for its chips.