The Iran Project
: A report shows that Iran’s oil exports increased by half last year despite the United States imposing sanctions on the country.
Friday 2 February 2024 - 14:51
Story Code : 414116
Source : Mehr News
Iran’s oil exports up 50% in 2023: Report
The report cited figures by the International Energy Agency showing that Iran’s total crude oil production had reached 2.99 million bpd last year, up by 0.44 million bpd from 2022.
The figures confirm earlier media reports and statements by Iranian government authorities suggesting a major surge in Iranian oil production and exports in 2023 despite the country still being subject to a harsh regime of US sanctions.
According to the same reports, China has been responsible for a bulk of Iranian overseas oil sales.
Reporter : Editorial of The Iran Project
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