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Rory Johnston: Reliable data on Iran’s economy is limited to FX and oil exports

Rory Johnston: Reliable data on Iran’s economy is limited to FX and oil exports
Unbiased data on Iran economy remains scarce

Reliable assessments of Iran’s domestic economic performance during the war and blockade are difficult, with information primarily limited to foreign exchange rates and oil export figures.

Rory Johnston said it appears that the U.S. Treasury also does not have access to more comprehensive data in this area.

Earlier this month, Rory Johnston observed a bearish divergence between the prompt Brent crude futures price and the corresponding timespread in recent market commentary. He also noted that crude oil prices rebounded into positive territory after an initial decline, with volatility persisting during the week, as reported in another update. These prior observations highlight Johnston’s ongoing focus on oil market pricing and trends.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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