US-Israel-Iran War Latest Live News: The war between the US, Israel and Iran has continued to impact the world energy markets, with Iran declaring that it is still exporting large quantities of oil regardless of the naval blockade and sanctions imposed by Washington.
The international price of crude fell on Tuesday, providing a ray of hope for a reduction in tension within the oil markets however, attacks are still happening across the Middle East region.
US-Israel-Iran War Latest Live News: Iran Claims 5.14 Million Tonnes in Petroleum Exports
The country has exported 5.14 million tons of its petroleum products via Shahid Rajaee Port in the first six months of the year, according to the Hormozgan Ports and Maritime Organization. This was stated by the news agency in Iran known as Fars News Agency.
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Iran’s semi-official Fars News Agency quoted PMO Director General Hossein Abbasnejad as saying: “Despite the unjust war and intensified economic restrictions… 5,140,000 tonnes of petroleum products have been exported from this port.”
These figures clearly illustrate Iran’s efforts to continue its energy business amid increasing pressure from the US government. A military embargo was put in place by the United States in April after talks in Pakistan failed to reach a resolution for ending the dispute. Sanctions have also been put in place by the US Treasury Department on individuals, business networks and 17 ships allegedly involved in the transportation of Iranian crude oil, petroleum products and petrochemicals.
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