Iran Defies US Blockade, Sees Highest Oil Revenue in Two Years

Iran's oil revenue has reached its highest level in two years, despite ongoing tensions and a US naval blockade. According to Iran's Plan and Budget Organisation, oil sales topped $3bn in September, marking the strongest monthly total since 2024. This unexpected surge comes as the country continues to defy international sanctions, including those imposed by the United States.

The report from Iran's semi-official Mehr news agency did not provide details on how the country managed to evade the US blockade and export its oil. The $3bn figure represents a significant increase in revenue for Iran, which has been struggling with economic challenges due to international sanctions.