Iran's Oil Income Doubles Amid War, Hormuz Control Boosts Revenue: Report

• Iran's oil revenues have nearly doubled since the West Asia conflict began, despite military attacks.
• The country is exporting 2.4-2.8 million barrels per day, comparable to pre-war levels, at higher prices.
• Iran's control over the Strait of Hormuz allows it to charge tolls for passage, formalizing a new revenue stream.
• A decentralized, opaque system with shadow networks, IRGC involvement, and China as the main buyer sustains exports.
• Decades of sanctions have inadvertently strengthened Iran's economic resilience and adaptability to external shocks.