Iran is earning about $140M per day from oil exports as prices rise above $100/barrel, driven by disruptions in the Strait of Hormuz. Despite #sanctions, the US is effectively allowing these shipments to avoid worsening global supply shortages. Since recent strikes, #Iran has exported around 1.5–1.6M barrels daily, with tankers continuing to load at Kharg Island. Most Iranian oil goes to #China, often at a discount.