During the brief ceasefire with the United States, Iran managed to export about 70 million barrels of oil, worth about $5 billion to $6 billion, according to the Wall Street Journal and the NGO United Against Nuclear Iran
During the brief ceasefire with the United States, Iran managed to export about 70 million barrels of oil, worth about $5 billion to $6 billion, according to the Wall Street Journal and the NGO United Against Nuclear Iran. The Wall Street Journal reported that about 20 Iranian oil tankers sailed to Asia between mid-June and mid-July. On June 22, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released a document confirming that the United States has issued a general license allowing the production, supply, and sale of Iranian oil and petroleum products. (TASS)