Iran’s average oil exports have been 700,000 barrels per day since March, the country’s deputy head of Budget and Planning organisation said on Wednesday, in defiance of U.S. sanctions aimed at dropping Tehran’s main source of income to zero.
“The average oil sales so far this (Iranian) year have been 600,000 to 700,000 barrels per day,” Hamid Pourmohammadi told Iran’s semi-official Fars news agency, without providing further details. The Iranian year began on March 20.
Tags Fars News Agency Iran Reuters International News Agency
Check Also
Lower Natural Gas Prices Squeeze Big Oil’s Profits in Q1 2024
Much lower natural gas prices this year compared to 2023 dragged down profits at some …