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Home Market Overview Crude Oil Prices

Iran sold 50 million barrels of oil since the lifting of the American blockade

Iran sold 50 million barrels of oil since the lifting of the American blockade
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According to the Iranian news agency Tasnim, which quoted “TankerTrackers”, Iran has exported 50 million barrels of crude oil since the lifting of the blockade imposed by the United States about two weeks ago.

This volume of exports reflects a rate of 1.66 million barrels per day in June 2026.

In addition, the oil exports of several other countries in the region have not yet approached the levels recorded before the war.

According to expert estimates, Iran’s revenues from exporting 50 million barrels of oil, based on oil prices over the past two weeks, total approximately $3.5 billion. That is: Iran recorded an average daily income of more than $233 million from oil sales.

The blockade was lifted within the framework of the memorandum of understanding signed between the United States and Iran on June 17, after which the US Department of the Treasury issued a 60-day authorization permitting the production and sale of Iranian oil until August 21.

Source: Original Article

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