Iran oil income tops $18B despite sanctions

Iran achieved oil revenues exceeding $18 billion during the war and ceasefire period, despite ongoing international sanctions. Oil sales amounted to $11.5 billion during the war and $6.5 billion during the ceasefire, accounting for more than 60% of the annual oil revenue target in the Iranian budget. The Minister of Oil confirmed that the oil sector continues to perform strongly despite the challenges posed by the war and sanctions.

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