Harsh new sanctions put in place against Iran by President Donald Trump

Iran's official press has recently bragged about its military prowess when downing a US drone worth about $130 million, touting it as a nasty black eye for the world's military superpower.
But a recent Reuters report said Iran's oil exports are down to a scant 300,000 barrels per day. In April 2018, before Trump exited the Iran deal, which provided the country with sanctions relief in exchange for its commitment to not build nuclear weapons or their key components, Iran was exporting 2.5 million barrels a day.

At today's rate per barrel, the Trump-induced decline in exports has probably cost Iran $120 million a day from oil alone — almost the cost of the US's pricey drone. Iran downed a $130 million US drone. Trump's sanctions are probably costing Iran $120 million a day.
 

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