Iran’s energy export revenue up 60% in March-May vs year ago – oil ministry media
DUBAI (Reuters) -Iran’s power export income is 60% increased within the first two months of the Iranian 12 months (March 21 to Might 21) in comparison with the identical interval a 12 months in the past, an official from the Iranian oil ministry advised the ministry’s SHANA information company on Sunday.
The official didn’t give a motive for the leap in income which comes as oil costs have practically doubled from a 12 months in the past due to the conflict in Ukraine and the worldwide post-pandemic financial restoration.
The Iranian authorities says it continues to export oil regardless of U.S. sanctions re-imposed in 2018 after former U.S. President Donald Trump withdrew from an settlement to restrain Iran’s nuclear programme.
Talks to revive the 2015 accord, and permit U.S. sanctions to be eliminated, have been on maintain since March, mainly over Tehran’s insistence that Washington take away the Islamic Revolutionary Guard Corps from the U.S. checklist of designated terrorist organisations.
(Reporting by Dubai NewsroomEditing by Mark Potter)
