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International Business Times
International Business Times
Business

Iranian Oil Exports Plunged Over 80% In August As U.S. Blockade Persists, Data Shows

Iran's exports have plunged more than 80% compared to the same month last year due to the U.S.'s blockade. (Credit: Getty Images)

Iran's exports have plunged more than 80% compared to the same month last year due to the U.S.'s blockade, new data shows.

Intelligence firm Kpler showed that Tehran loaded some 260,000 barrels per day so far this month, compared to 1.7 million in the same month of last year.

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