The Iranian government gets about half of its revenue from oil exports, according to the EIA. Analysts have said that while the new sanctions are the toughest ever imposed, they still contain many loopholes. Iran is expected to still be able to sell its oil to places such as China, India and other Asian countries, but possibly at a discount of 10% to 15%. About 35% of Iran's oil exports currently go to China and India. Western leaders have been walking a fine line with Iran, working to come up with a plan that squeezes the country's finances yet doesn't result in a loss of Iranian oil exports, which could send crude ... (full story)