Iran's $6 Billion Oil Rush: How Tehran Quietly Moved 70 Million Barrels Toward China Before US Blockade Returned

What Analysts Are Watching Now

United Against Nuclear Iran, a US based advocacy group, along with independent oil analysts, estimated the total haul from this roughly month long window at 70 million barrels, worth between $5 billion and $6 billion. Charlie Brown, a Singapore based analyst with the group, said that had the blockade remained in place, Iran would likely be feeling serious economic strain right about now. Instead, the country moved quickly enough to build itself a financial buffer before the door closed again.

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