Iranian Parliament Speaker Mohammad Bagher Ghalibaf said Tuesday evening that Iran has sold over 40 million barrels of crude oil since the naval blockade was lifted, at prices 20% higher than before. The claim, reported by Iranian state-linked media, would mark a major revenue increase for Tehran since sanctions relief.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated Tuesday evening that since the end of the naval blockade, Iran has sold more than 40 million barrels of crude oil at prices 20% higher than previous sales. The remarks, carried by Iranian state-linked media, underline the regime's claim of a significant revenue boost following the easing of international sanctions and the lifting of the maritime interdiction that had restricted Iranian oil exports.
The figure — 40 million barrels — is lower than the 50 million barrels cited by maritime monitoring firm TankerTrackers earlier Tuesday, but Ghalibaf's statement carries the authority of a senior Iranian official. The price increase of 20% would represent a substantial improvement in Iran's terms of trade compared to pre-blockade exports.
It remains unclear over what exact period the 40 million barrels were sold, whether the sales were conducted under existing sanctions waivers, and to which buyers. The claim has not been independently verified by non-Iranian sources.
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