5 charts show how nearly 6 months of war have hammered Iran's economy

A report from the Foundation for Defense of Democracies estimated that the blockade was likely costing the nation $435 million a day, given that oil is a key source of revenue for Iran.

"Iran's financial lifeline has been cut by the US blockade, and the economy will remain in a very depressed state unless it can secure concessions," William Jackson, a chief emerging markets economist at Capital Economics, wrote on Monday. "But whether this happens ultimately comes down to the degree of economic pain that the Iranian regime is willing to bear to achieve its military and geopolitical objectives."

https://www.businessinsider.com/iran-economy-war-impact-oil-exports-inflation-unemployment-gdp-currency-2026-8

The American Coalition Against Nuclear Iran estimates that Iran's oil exports dropped to a low of about 65,000 barrels a day in May — down 69% from the 2.12 million barrels a day it exported before the war.

Estimates for June and July vary. The ACNL estimates that oil exports rebounded to 1.7 million barrels a day in June and hit 967,000 barrels a day in July, primarily due to increased demand from China.