Iran Earning $139 Million Per Day From Oil Sales Amid Hormuz Crisis, Report Says
Iran is estimated to be earning $139 million per day from Iran Light crude oil sales in March 2026, up from $115 million daily in February, as a Hormuz Strait crisis constrains rival Gulf supply and pushes international oil prices above $100 per barrel, according to Bloomberg calculations cited by OilPrice.com.
Iran is generating an estimated $139 million per day from the sale of its flagship Iran Light crude oil in March 2026, according to Bloomberg calculations cited by OilPrice.com, as a crisis in the Strait of Hormuz continues to disrupt competing Gulf oil exports while leaving Iranian shipments largely unimpeded.
The figure represents a nearly $25 million daily increase compared to February 2026, when Iran was estimated to be earning approximately $115 million per day from Iran Light crude sales, per the same Bloomberg analysis, which drew on export estimates from maritime tracking firm Tankertrackers.com.
Iran appears to be benefiting from several converging dynamics. Unlike other Gulf producers, Iranian tankers have continued transiting the Strait of Hormuz while much of the region's competing supply remains constrained. International crude prices have risen sharply amid the broader supply disruption, with Brent crude trading at approximately $105 per barrel as of the date of the report. Additionally, the discount applied to Iranian crude relative to Brent has narrowed significantly — from more than $10 per barrel before the conflict began to approximately $2.10 per barrel as of the reporting week.
Maritime intelligence firm Windward stated on Wednesday that Iranian crude exports have remained relatively steady since the onset of the conflict. A U.S. waiver on Iranian oil sales, the report notes, has not significantly expanded the buyer base beyond established customers such as Chinese independent refiners, but may be contributing to the price narrowing on Iranian barrels.
The article notes that the conflict context includes U.S. and Israeli military operations against Iran and the reported death of the Ayatollah, though OilPrice provides no independent verification of those claims within the cited text.
Perspectives on the longer-term trajectory of Iranian revenues, the durability of the Hormuz disruption, and the geopolitical implications of Iran's continued export capacity remain subjects of active analysis among energy market observers.
Source: OilPrice.com via ZeroHedge, published March 26, 2026. URL: https://www.zerohedge.com/markets/iran-earning-139-million-day-oil-hormuz-crisis-locks-out-rivals
MERIDIAN: Ordinary families everywhere will feel this in their wallets through pricier gas, higher shipping costs, and more expensive groceries, making daily life a little harder for millions. Over time it could nudge countries to speed up their search for energy sources that aren't tied to unstable hotspots.
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- [1]Iran Earning $139 Million A Day From Oil As Hormuz Crisis Locks Out Rivals(https://www.zerohedge.com/markets/iran-earning-139-million-day-oil-hormuz-crisis-locks-out-rivals)