Date: March 28th, 2026 2:41 AM
Author: AZNgirl on Kharg Island waiting for Handsome
USA USA USA!
The Kobeissi Letter
@KobeissiLetter
Iranian oil revenues are surging:
Estimated Iranian oil revenues are up +$25 million per day in March from the prior month, to $139 million per day.
This comes as Iranian tankers are still transiting the Strait of Hormuz while most other Persian Gulf oil supply is still restricted.
As a result, Iranian oil exports are exceeding the pre-war average of 2.2 million barrels per day.
Furthermore, Iranian Light crude prices are trading just -$2.10 below Brent, compared to a -$10 discount before the war.
Iran is also generating additional revenue by charging transit fees of up to $2 million per vessel for commercial ships crossing Hormuz.
All while the US government is trying to limit the impact of the war on oil prices by temporarily lifting sanctions on a large amount of Iranian oil already on tankers at sea.
Iranian oil sales are soaring.
https://x.com/KobeissiLetter/status/2037680315993333873
(http://www.autoadmit.com/thread.php?thread_id=5850813&forum_id=2).#49775705)