The United States has reimposed its naval blockade on Iranian ports following the collapse of peace talks, but Iran's oil exports continue through a secretive network known as the "shadow fleet."

This network consists of hundreds of aging oil tankers that operate outside traditional shipping systems, helping Tehran continue its energy trade despite years of U.S. sanctions. These vessels often disable tracking systems, change identities, use foreign registrations, and conduct ship-to-ship oil transfers to hide their origins.

While Washington's sanctions target companies, banks, and shipping firms involved in Iranian crude trade, Iran has built a parallel export system that keeps its oil flowing to international buyers, especially China.

Iran's Ships Hide Identities to Evade U.S. Sanctions & Tracking | The West Asia Post 

A fragile ceasefire may have paused the two-month-long conflict, but for ordinary citizens, the crisis is far from over. The economic fallout of the war continues to bite, with daily life becoming more expensive and uncertain.

US-Iran War Impact Fuels Economic Anxiety in Iran

The cost of the West Asia conflict on heavily sanctioned Iran’s already faltering economy is estimated to be much more than the U.S. and Israel put together. Hopes of an extension to the ceasefire and a second round of talks between the U.S. and Iran have helped markets recoup the severe losses from the war month. But for the Islamic Republic, recovery requires heavy rebuilding efforts and funding. We decode that and more in this next report.

Iran War: Estimates Put Iran's Cost of War at $100 Bn

Iran’s Currency Continues to Slide to New Record Lows as Economic Pressure and Public Anger Over Rising Prices Spills Into the Streets.


Currency Shock Tests Iran's Economic Pain

Iran's president said Saturday that his country needs about $100 billion in foreign investment to reach the annual target of 8 per cent economic growth from the current 4 per cent.

Iran needs $100 billion in foreign investments to hit economic growth targets, says Iran’s president

Trump's precipitous 2018 departure from the Iran nuclear deal, forecasted imminent economic collapse, but Iran's economy has managed to withstand six years of "maximum pressure" by the US. The rationale behind the Biden administration's 2021 policy extension is also rooted in the idea that Tehran is more likely to submit to Washington's demands if Iran's economy is weaker.

US Sanctions on Iran: Iran faces inflation threat as sanction cripples economy

US Secretary of State Mike Pompeo arrived in Saudi Arabia on Wednesday to discuss regional security, namely Iran, after the US killing last month of a top Iranian general pushed the oil-producing region closer to an all-out war.

Mike Pompeo in Saudi Arabia to talk Iran, economy and human rights

The July 2015 agreement between Iran and six major powers - Britain, China, France, Germany, Russia and the United States - obliged Iran to restrict its nuclear program in return for relief from sanctions that have crippled its economy

Iran will withdraw from nuclear deal if there is no economic benefit: Deputy minister

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