In addition to oil customers, the Iranian regime has lost its customers and the gas market, News reported, quoting the Iranian chamber. As the American sanctions intensified, the only remaining countries stopped importing their oil from Iran, while China is the only oil customer in Iran. A country that is believed to buy Iran ‘s oil at a very high discount.
But the only important thing about the Iranian energy market is that Iran has lost its oil and gas customers because of the boycott. The big issue is that countries like Qatar have used the opportunity to fight Russia and Ukraine and export gas to Europe through their joint gas fields with Iran.