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Iran says it sold $23.2b of oil during war, ceasefire

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Iran says it sold $23.2b of oil during war, ceasefire
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AFPMore on this topicHouthis fire on Saudi oil sites; no US strike on Iran for first time in two weeksUS war in Iran has cost $48b so far, Pentagon saysSee more onIranOil prices/Crude oilWars and conflicts

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Straits Times — World files mainly under world. We currently carry 1,371 of its stories.

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Straits Times — World
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Iran says it sold $23.2b of oil during war, ceasefireSign up now: Get ST's newsletters delivered to your inboxPeople pass near a billboard depicting a hand representing Iran holding the Strait of Hormuz, in Tehran, Iran, on April 21. PHOTO: ARASH KHAMOOSHI/NYTIMESPublished Jul 26, 2026, 07:40 AMUpdated Jul 26, 2026, 07:40 AMSet as preferred sourceSummariseIran's oil ministry reported selling US$18 billion of oil during the war and ceasefire with the US, including US$11.5 billion during the war and US$6.5 billion during the ceasefire.These sales covered over 60% of the oil revenue forecast in Iran's yearly budget despite ongoing crises.The conflict began with US-Israeli strikes on Iran in February, followed by a ceasefire in April, but fighting resumed in July over control of the Strait of…

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