Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported

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Source: CNBC
Published: 2026-07-01 12:41 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, Energy, War & Conflict
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Snippet:
Iran has exported more than 40 million barrels of crude oil since the U.S. removed its naval blockade of Iranian ports, and is now selling oil at prices roughly 20% higher than before the war, parliament speaker and chief negotiator Mohammad Bagher Ghalibaf said Tuesday.
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