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24 Comments

  1. Venezuela is so horribly mismanaged it hurts, they’re making Iran look good in comparison.

    They have worlds biggest oil reserves, more than Saudi Arabia and they’re buying oil from Iran. Because they never invest money into processing their own properly.

  2. albertoseptim117 on

    This is actually one of the dynamics Anne Applebaum talks about in Authocracy Inc., that is Authocracies supporting each others to sidestep the negative consequences of sanctions and keep their buddy dictators in power.

  3. Low-Abies-4526 on

    I can’t be the only one bugged by how that little sliver on the 2025 diagram is clearly not 5%, right?

  4. NighthawkT42 on

    Why would Venezuela be buying Iranian oil? Isn’t Venezuela a failed economy with a gas station attached itself?

  5. definitely_effective on

    As an Indian I am extremely surprised on how my countries government is managing oil for all of its people.

  6. What this is really missing is the non-exports. Oil that they refine is typically used domestically. Recent targeting of their refinery capacity could be interesting if it makes them export more oil AND have to import refined products.

  7. Orangeyouawesome on

    Without the total produced it feels sort of meaningless. Iran could be making a lot less as far as this is concerned.

  8. CptnMillerArmy on

    China is also leading the green energy investments. That’s a pretty bad outlook for Iran.

  9. PreparationAdvanced9 on

    So basically, just like the Russia Ukraine war, China will be able to buy Iranian oil for Pennies on the dollar like they did with Russian oil?

  10. RevolutionBusiness27 on

    One of the reasons why China’s manufacturing industry is becoming increasingly successful

  11. TituspulloXIII on

    Big question with this is, what is the output? Sure you have what percentage of oil is being exported, but how many barrels are actually being exported?