Iran Sells $23.2B in Oil During US Conflict

Iran's Oil Ministry announced on July 25 that it had sold $23.2 billion worth of oil during the war and subsequent ceasefire with the United States. The ministry revealed that $11.5 billion was sold during the conflict, while $6.5 billion was sold during the ceasefire period that collapsed earlier in July.

This achievement covers more than 60% of the oil revenues forecast in Iran's year-end budget despite the crisis. In a statement, the Oil Ministry noted that this success exceeded expectations and met a significant portion of its revenue targets.