Iran’s Oil Exports Have Fallen By Half Since Sanctions Were Imposed


If you’re curious about the impact of economic sanctions on Iran, OPEC’s newly-released 2014 statistical bulletin provides a pretty concrete look. As the tables below show, in just the past two years Iran’s oil exports have fallen by nearly half and the rial has lost a third of its value. If you want to know why Iran is negotiating over its nuclear program, that’s the story in a nutshell.

The whole report is here. Plenty of interesting little tidbits there for inquiring minds.

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2019 demands.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate

We have a new comment system! We are now using Coral, from Vox Media, for comments on all new articles. We'd love your feedback.