Iran’s Oil Minister Mohsen Paknejad said the country generated more than $18 billion in oil revenue during the recent war and the following ceasefire period.
He stated that improved security conditions after the ceasefire helped increase exports, allowing Iran to sell a portion of its stored crude oil and natural gas reserves.
According to the minister, the total revenue exceeded the government’s projected annual oil income by 60%.
He said the rise in exports played a key role in boosting earnings despite the challenging circumstances.
