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
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 world s 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 iran s steel industry are being targeted. earlier i spoke to philip worman who is a senior managing director at risk consultanchs held.