Wow. Over 90% of Iran's 109.7 billion in annual trade transits. The Persian Gulf. Oil and gas account for 80% of government export earnings and 23.7% of GDP. Kharg island alone generates 53 billion a year, or as I noted at a time 78 billion a year in energy revenue. Crude oil. Iran was exporting 1.5 million barrels a day, earning 139 million a day at wartime pricings. About $87 a barrel, though with minimal proceed repatriation due to banking sanctions. (10:52–11:04)
CLAIM
Asserts that Kharg Island generates between $53 billion and $78 billion annually in energy revenue.
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