Lookonchain APP

App Store

Iran's oil exports remained resilient during the conflict, with revenues increasing, strengthening its negotiating leverage.

2026.06.16 17:09:07

June 16 — Iran’s oil export revenues have not suffered the sharp decline widely forecast amid months of post-U.S. military strikes conflict and Strait of Hormuz tensions that have rattled global energy markets; instead, revenues actually grew at various points through the period, according to new industry-backed data. A report citing oil and gas industry figures notes that for most of the conflict, Iran’s daily oil export earnings even outpaced pre-war levels, debunking outside claims that Tehran’s economy was “rapidly being squeezed” by pressure. The U.S. government had previously assessed that sanctions and military pressure would swiftly drain Iran’s financial resources, crippling its ability to sustain both military operations and energy infrastructure. But real-world developments tell a different story: despite sanctions and geopolitical friction, Iran maintained consistent crude oil exports via its existing export network, preserving the resilience of its energy revenue chain throughout the conflict. This outcome has prompted markets to re-evaluate the effectiveness of sanctions and the stability of Middle Eastern energy supplies. Analysts add that this continuity in energy exports gives Iran continued economic leverage for future diplomatic and ceasefire negotiations, and hasn’t fully depleted its regional bargaining power.
Relevant content

A prominent trader has stated that Bitcoin has entered an accumulation range, and is not expected to retest the $36,000 to $48,000 zone.

Well-known trader Killa stated in a post that Bitcoin is unlikely to see the deep capitulation wick widely anticipated by the market, nor will it fall further to the $36,000–$48,000 range. He noted that in past bear cycles, Bitcoin typically forms three key lows, with the last two being the most critical. Bitcoin previously swept the $59,000 level, showing a minor bullish divergence, but failed to break lower with significant momentum afterward. If the market were indeed preparing to drop further toward $40,000, that decline would have already occurred, he argued. Killa believes Bitcoin is now clearly in an accumulation zone, with $57,000 acting as a key benchmark for the overall bottom. Prices could still dip briefly below this level, but a sustained plunge to the extreme lows the market expects is not anticipated. Historical trends support this view: Bitcoin has swept key lows as it did in every prior cycle, and the significance of this signal may be underestimated by the market.

6 minutes ago

The three major U.S. stock indexes opened higher, with Amazon surging more than 11%.

According to market data from BIT (bit.com), U.S. stock markets opened with major indices trading higher: the Dow Jones Industrial Average rose 0.5%, the S&P 500 gained 0.5%, and the Nasdaq Composite increased 0.8%. Apple (AAPL.O) fell 8% after its Q4 revenue guidance missed expectations. Amazon (AMZN.O) jumped over 11%, as its Q2 cloud business growth hit a four-year high.

6 minutes ago

At the opening of US stock markets, semiconductor, optical communication and storage stocks extended their rally, with AAOI and ALAB both surging more than 13%.

According to BIT (bit.com) market data, after US stocks opened on Friday, the semiconductor, optical communications and storage sectors generally strengthened, extending their gains from the previous day. Most semiconductor stocks rose, with Marvell Technology (MRVL) up 8.54%, SK Hynix (SKHY) up 8.09%, Intel (INTC) up 6.90%, Arm (ARM) up 6.88%, Lam Research (LRCX) up 6.60%, Applied Materials (AMAT) up 6.34%, and AMD (AMD) up 6.13%. Optical communication-related stocks led the gains, with Applied Optoelectronics (AAOI) up 13.38%, Astera Labs (ALAB) up 13.25%, Coherent (COHR) up 11.91%, Lumentum (LITE) up 10.12%, Corning (GLW) up 7.68%, and Credo (CRDO) up 7.15%. The entire storage sector rose across the board, with SanDisk (SNDK) up 8.49%, SK Hynix (SKHY) up 8.09%, Western Digital (WDC) up 7.84%, Seagate Technology (STX) up 7.63%, and Micron Technology (MU) up 5.91%.

6 minutes ago

Sources familiar with the matter: The U.S. Treasury Department has notified banks that it may intervene in the yen market as early as Friday.

According to market sources, a person familiar with the matter revealed that the U.S. Treasury has notified banks of a possible intervention in the yen market on Friday. (Jinshi)

6 minutes ago

Trump: Iran War 'Progressing Smoothly'

According to Fox News, US President Donald Trump stated that the Iran war is "progressing smoothly", the US is dealing heavy blows to Iran, and "we have been winning". (Jinshi)

6 minutes ago

South Korea’s Doosan Group invested 2.3 trillion won to acquire a 70.6% stake in SK Siltron, ramping up its semiconductor sector expansion.

According to South Korean media reports, South Korea’s Doosan Group has signed an agreement with SK Group to acquire semiconductor wafer manufacturer SK Siltron. With the completion of the transaction, Doosan is expected to further enhance its competitiveness in the semiconductor industry, building on its core businesses such as energy and machinery. Doosan, the holding company of Doosan Group, disclosed on the 31st that it has signed a share purchase agreement with SK Group to acquire a 70.6% stake in SK Siltron held by SK, with a transaction value of 2.3 trillion won. However, the 29.4% stake held personally by SK Group Chairman Choi Tae-won is not included in the acquisition. SK Siltron is South Korea’s only semiconductor silicon wafer manufacturer, ranking third in global market share for 12-inch wafers. Last year, the firm’s corporate valuation exceeded 5 trillion won.

6 minutes ago