oil and gas exports
Coverage of oil and gas exports in the Nexus archive.
- IRGC says no oil will be exported as long as US stays in the region
Iran’s Revolutionary Guard Corps (IRGC) stated that no oil or gas will be exported from the region while the US remains in the area. The IRGC claimed recent attacks on US facilities in Kuwait and Bahrain damaged drones, retaliating against US 'aggressions' and vowing to delay the opening of the Strait of Hormuz.
- G7 leaders agree to increase sanctions on Russian energy
G7 leaders have agreed to increase sanctions on Russian energy by imposing limits on its oil and gas exports, aiming to raise pressure on Moscow.
- Iran is losing the war but winning what comes next
Iran is losing the war against the US and Israel through significant losses in air defenses, leadership, and economic collapse. However, its core deterrents, such as an underground missile force, remain intact despite blocked oil and gas exports.