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Middle East war: Iran claims $11.5 billion in oil sales during five months of conflict

From Le Figaro · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Official statement Outcome reported
  • Iran claims it sold $11.5 billion worth of oil between Feb. 28 and April 8 during a period of conflict.
  • This period coincides with the start of a war and a subsequent ceasefire on April 8.
  • The Ministry of Petroleum released the statement detailing the oil sales figures.

Iran asserts it generated $11.5 billion (approximately 10 billion euros) from oil sales during a specific five-month period of conflict. The Ministry of Petroleum stated that these sales occurred between February 28 and April 8, a timeframe that encompasses the beginning of a war and concludes with the establishment of a ceasefire.

This announcement positions Iran as maintaining significant oil revenue streams even amidst regional instability. The figures provided by the Ministry of Petroleum aim to quantify the economic activity during this sensitive period, highlighting the country's continued engagement in the global oil market.

The specific details of the buyers and the exact nature of these transactions remain undisclosed, as is typical for oil sales conducted under such circumstances. The statement focuses on the financial value of the oil sold, underscoring Iran's economic resilience or strategic positioning during the conflict.

DistantNews Editorial

Originally published by Le Figaro in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.