Iran Continues Exporting Over 1 Million bpd of Oil

Iran continued to export more than 1 million barrels of oil per day in the first two months of the current Iranian year (March 21-May 21), which is 40% higher than what Iran sold in the same period of last year, the Oil Ministry announced.
The country has succeeded in keeping the sale of oil steady while it is under tough sanctions imposed by the US. With the efforts of all industry players, oil production has not been halted even for a day in the past four years when the country was hit by a new round of sanctions.
The increase of oil sales compared to previous months, along with the crude price hike in international markets, has helped raise the country’s foreign revenues in the oil sector, the ministry added.