KillBait - News highlights delivered clearly and responsibly—no clickbait, no sensationalism
Iran's Oil Sales During War and Ceasefire Reach $18 Billion
Photo: Vanguard News
2026-07-26 03:39   Geopolitics   10

Iran's Oil Sales During War and Ceasefire Reach $18 Billion

iran  
oil  

The article reports that Iran's oil ministry sold a total of $18 billion worth of oil during the war with the US and the subsequent ceasefire.This includes $11.5 billion during active hostilities and $6.5 billion after the ceasefire collapsed.The ministry stated this covers over 60% of the annual budget forecast, despite the ongoing crisis.The sale comes amid tensions over control of the Strait of Hormuz, where fighting resumed in July.Earlier, Iran's parliament speaker had claimed the US blockade prevented oil exports, but the ministry's figures suggest otherwise.The conflict began after US-Israeli strikes on Iran in February, leading to retaliatory attacks.The April ceasefire temporarily halted fighting, but hostilities reignited as both sides vie for strategic control of the vital waterway.

The article highlights Iran's economic resilience amid the crisis, though the discrepancy between the ministry's claims and earlier statements raises questions about the accuracy of the reported figures.

Full reading at Vanguard News

2186 
Top Trends
Topics
Top visited