While the United States and Israel have struck Iranian military targets, their failure to halt Tehran's oil exports has handed Iran a windfall: the country is now earning nearly twice what it made each day from oil before the war began.
According to a report by The Economist published on 29 March 2026, Iran is earning close to double its pre-war daily oil revenue, as a surge in global crude prices has inflated the value of every barrel Tehran ships. Kharg Island, the small Persian Gulf outpost that handles around 90% of Iran's crude exports, has remained largely operational, with Kpler shipping data showing very large crude carriers continuing to load at the terminal through the first weeks of the conflict.
