Sanctions were recently broadened on Iranian oil. How much will they now be able to export? They'll be back to exporting similar volumes to what they did during the entire Biden administration. Iran today has export capacity, meaning their production and export capacity, 1 and a half to 2 million barrels a day. They were doing that in spite of sanctions. They were just selling the oil to China, getting paid in yuan and they needed to buy maybe more Chinese goods than they when they would have wanted. (04:32–04:39)
CLAIM
Asserts Iran's current oil export capacity is between 1.5 to 2 million barrels per day.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
