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Aug 16, 2026
09:18
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WORLD // GLOBAL MONITOR000° E090° N090° S
World

82 Billion Dollars in the Hole: Iran's Oil Empire is Collapsing from Within

The debts of the National Iranian Oil Company reach about 82 billion dollars - more than twice the public budget. Sanctions did not stop exports, but the expensive evasion model deepened the debt and passed the cost to the public through inflation.

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