Tehran (IP)- Iran’s oil revenues neared $34 billion in the first nine months (January-September) of 2023 despite brutal U.S. sanctions, accounting for 12 percent of OPEC member states’ total income.

Iran PressEurope: The International Energy Agency (IEA), in its report, put Iran’s oil revenues at $33.9 billion during the period – two times the income obtained in 12 months in 2020.

The agency put 13 OPEC member states’ total revenues from January to September 2023 at $281.2 billion.

According to the U.S. Department of Energy’s estimates, Iran sold only $17 billion and $37 billion of crude oil in 2020 and 2021 respectively while its revenues in 2022 hit $54 billion.


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