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Oct 25, 2023 · Oil sales are a critical choke point for Iran, with oil exports representing up to 70% of Iranian government revenues by some estimates. Iran is riding high right now thanks to the fact Iran is on pace for near-record oil production this year, with production doubling from less than 2 million barrels per day in 2019 to 3.5 million barrels per ... We use cookies to improve your experience. By continuing to browse the site, you agree to our Privacy Policy & Cookie Policy. ….

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