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  • Iran’s oil sector weathers US pressure from Hormuz blockade Trinidad Deiros
    Before Russia’s 2022 invasion of Ukraine turned it into the new pariah of the West, Iran was the most sanctioned country on Earth: more than 3,600 economic sanctions imposed by the United States, the United Nations, the European Union, and various other countries, measures that forced the Islamic Republic to reshape its economic policy to circumvent these obstacles. That included its vital oil sector, which U.S. President Donald Trump hoped to choke through the U.S. blockade of the Strait of Hor
     
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Iran’s oil sector weathers US pressure from Hormuz blockade

✇El País in English
By: Trinidad Deiros
18 May 2026 at 08:52

Before Russia’s 2022 invasion of Ukraine turned it into the new pariah of the West, Iran was the most sanctioned country on Earth: more than 3,600 economic sanctions imposed by the United States, the United Nations, the European Union, and various other countries, measures that forced the Islamic Republic to reshape its economic policy to circumvent these obstacles. That included its vital oil sector, which U.S. President Donald Trump hoped to choke through the U.S. blockade of the Strait of Hormuz, the route through which Iran exports 90% of the crude it sells abroad.

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© Uncredited (AP)

Then Iranian president, Hassan Rouhani (center), inaugurated the Persian Gulf Star refinery in Bandar Abbas, Iran, on April 30, 2017, in an image from the Iranian Presidency.
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