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From the Liveblog of
Saturday, July 25, 2026
From the Liveblog of
Saturday, July 25, 2026
Iran’s oil minister says it sold $11 billion worth of oil during war, another $6.5 billion during truce
Add ToI as a Preferred Source on GoogleIranian Oil Minister Mohsen Paknejad says Iran sold $11.5 billion worth of oil during the war and a further $6.5 billion during a ceasefire, when lower risks to tanker traffic helped increase exports and enabled the sale of part of around 100 million barrels of stored crude oil and gas condensate.
The sales generated more than 60 percent of the oil revenue forecast in Iran’s annual budget, Paknejad says.
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