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Iran says oil sales reach $18bn despite US sanctions

2 days ago 4

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Iran says it has earned $18 billion from oil sales since the start of the war despite ongoing US sanctions, raising new questions about the effectiveness of Washington's economic pressure campaign. Iran's Oil Minister, Mohsen Paknejad, says the country generated $6.5 billion in crude oil sales during the ceasefire period alone, adding that total oil revenues have already reached more than 60% of this year's projected target. The report examines whether Iran's reported oil exports could prompt the United States to tighten sanctions enforcement, including secondary sanctions targeting companies and countries that continue trading with Tehran. It also looks at the broader regional picture, including tensions in the Strait of Hormuz, threats to global shipping, Israel's strategic objectives, and the growing role of the Houthis in the Red Sea conflict. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #aljazeeraenglish #BreakingNews #aljazeeralivenews #aljazeeraenglish #Iran #Oil #USSanctions #Energy #MiddleEast #OilMarkets #StraitOfHormuz #BreakingNews #AlJazeeraEnglish
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