Iran’s Oil Exports Have Fallen By Half Since Sanctions Were Imposed


If you’re curious about the impact of economic sanctions on Iran, OPEC’s newly-released 2014 statistical bulletin provides a pretty concrete look. As the tables below show, in just the past two years Iran’s oil exports have fallen by nearly half and the rial has lost a third of its value. If you want to know why Iran is negotiating over its nuclear program, that’s the story in a nutshell.

The whole report is here. Plenty of interesting little tidbits there for inquiring minds.

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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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