Lion and Sun flag of IranIran Revolution 26
Economy

Saudi Arabia has seen its monthly oil revenue rise to approximately $24 billion, up from about $18 billion before the conflict, due to the closure and insecurity of the Strait of Hormuz, which has allowed it to sell oil at higher prices above $90 per barrel. The country transports much of its oil exports through a pipeline to the Red Sea, circumventing the Strait of Hormuz crisis.

Anonymous SubmissionRey, Tehran
@✡︎𝐋𝐢𝐯𝐞𝐈𝐫𝐚𝐧𝐍𝐞𝐰𝐬🇮🇷🇮🇱: ⚡🇸🇦🦀While the closure and insecurity of the Strait of Hormuz have created a crisis for many regional economies, Saudi Arabia has reaped significant profits from the surge in oil prices. According t

@✡︎𝐋𝐢𝐯𝐞𝐈𝐫𝐚𝐧𝐍𝐞𝐰𝐬🇮🇷🇮🇱: ⚡🇸🇦🦀While the closure and insecurity of the Strait of Hormuz have created a crisis for many regional economies, Saudi Arabia has reaped significant profits from the surge in oil prices. According t

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