Iran's energy export revenue is 60% higher in the first two months of the Iranian year (March 21 to May 21) compared to the same period a year ago, an official from the Iranian oil ministry told the ministry's SHANA news agency on Sunday.
The official did not give a reason for the jump in revenue which comes as oil prices have nearly doubled from a year ago because of the war in Ukraine and the global post-pandemic economic recovery.
The Iranian government says it continues to export oil despite U.S. sanctions re-imposed in 2018 after former U.S. President Donald Trump withdrew from an agreement to restrain Iran's nuclear programme. Talks to revive the 2015 accord, and allow U.S. sanctions to be removed, have been on hold since March, chiefly over Tehran's insistence that Washington remove the Islamic Revolutionary Guard Corps from the U.S. list of designated terrorist organisations.Reporting by Dubai Newsroom Editing by Mark Potter
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Depeche Mode's Andy Fletcher Dead at 60Looking back at the celebrities who died in 2022 and how their legacies have impacted Hollywood and beyond — details
Read more »
FBI: Active shooter incidents rose to 61 in 2021, with 60 by menActive shooter incidents in the United States rose to 61 in 2021, showing an 'upward trend' over the past four years, according to the FBI.
Read more »
Alleged serial rapist arrested in Berkeley, victims age 9 to 60A man has been arrested and charged in five sexual assault cases in the East Bay, Berkeley Police said.
Read more »
Depeche Mode founding keyboardist Andy Fletcher dies at 60The group found international success with 1984′s “Some Great Reward” and the single “People are People,” and their prominence only grew throughout the 1980s and early 1990s.
Read more »