Iranian Oil Minister Mohsen Paknejad says Tehran sold $11.5 billion worth of oil during the war and another $6.5 billion during the ceasefire, when reduced risks to tanker traffic boosted exports.
Iran also reportedly tapped roughly 100 million barrels of stored crude and condensate. Paknejad says the sales generated more than 60% of the oil revenue projected in Iran’s annual budget.
Iran also reportedly tapped roughly 100 million barrels of stored crude and condensate. Paknejad says the sales generated more than 60% of the oil revenue projected in Iran’s annual budget.
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