Iran
A 92-million-person economy at the center of a major geopolitical crisis. The Strait of Hormuz — through which 20% of global oil transits — remains partially blocked amid the ongoing conflict, reshaping global energy markets and regional security.
GDP Growth '25
0.6%
Population
92.4M
Oil Revenue
~$23B
Hormuz
Partially Blocked
Strategic Context
Key Vectors
Iran's oil revenue reached approximately $23.2 billion despite comprehensive international sanctions. The country holds the world's fourth-largest proven oil reserves and second-largest natural gas reserves, but sanctions severely constrain production capacity and export markets.
$23.2B oil revenueIran faces persistent macroeconomic challenges including 43% inflation, currency depreciation, and fiscal pressures. The rial has lost significant value, creating both hardship for consumers and opportunities for export-oriented businesses.
43% inflationDespite sanctions, Iran maintains a diversified non-oil economy spanning automotive, petrochemicals, steel, and agriculture. The domestic market of 92 million consumers supports a substantial manufacturing base and growing technology sector.
diversified baseApproximately 20% of global oil supply transits the Strait of Hormuz. Since the 2026 conflict, Iran has imposed selective passage restrictions, allowing only ships from China, Russia, India, Iraq, and Pakistan. The IEA has called this the most acute supply disruption in energy market history.
20% of global oilThe Hydrocarbon Economy
Iran's energy sector, centered on the Persian Gulf and Caspian regions, holds massive oil and gas reserves but operates under severe international sanctions. The South Pars gas field and Kharg Island oil terminal remain critical infrastructure despite constrained investment.
The Strait of Hormuz
The 21-mile-wide Strait of Hormuz between Iran and Oman carries approximately 20% of global oil supply. Since the 2026 conflict, Iran has imposed selective transit restrictions, creating the most severe energy supply disruption in modern history. Negotiations between Iran and Oman on a monitoring protocol are ongoing.
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