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FinancialNews


  • 06-09-22

    Iran’s VP: Iran trades oil worldwide without any issues

    (MENAFN) Iran’s First Vice leader Mohammad Mokhber stated on Sunday that the nation is presently trading its oil in worldwide markets and getting compensated for it without any issues, according to Shana report.

    “In the past, we sold oil but couldn’t receive the revenues and our basic good supplies had all reached the red line but with the guidance of the Leader, we have been able to sell our oil, get paid, and bring in basic goods,” Mokhber stated in a meeting of government officials.

    Iran has been surging its oil output and shipments during the last year as the nation has been forcing additional plans to overcome U.S. restrictions.

    The Islamic Republic’s oil output in January-March period of 2022 surged noticeably so that it recorded the quickest expansion level between all producers in West Asia.

    This year, the capacity of Iranian crude shipment amounted its highest since previous U.S. leader Donald Trump withdrew from the so-called Iranian nuclear agreement in 2018.

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