Iran earns $7.5 billion from oil sales despite war

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Iran earned $7.5 billion in foreign currency from crude oil sales in the first four months of 2026, according to Iran’s semi-official Fars news agency.

The report said the country was able to secure this revenue despite ongoing military operations by the United States and Israel and tough international sanctions.

The figures were disclosed in a special Fars report.

According to the report, all the foreign currency earned has already been deposited into the reserves of the Central Bank of Iran.

Citing data from Iran’s oil ministry, Fars News said the revenue earned from January through April this year is 1.5 times, or 50 percent, higher than the same period last year. Iranian officials attributed the increase to efforts to prevent a decline in oil prices on the global market and to strengthening alternative marketing channels.

The Fars report further said the foreign currency earned over these four months would be enough to cover the Iranian government’s essential imports and necessary foreign-currency expenditures through the end of December.

Intense tensions emerged in the Middle East in early 2026. Two months into the year, on February 28, a joint Israeli-US military campaign against Iran began. International analysts had expected the conflict to severely damage Iran’s energy infrastructure and effectively halt its oil exports. In practice, however, the country’s oil extraction and delivery to international markets have continued without major interruption.

Analysts say the war-driven rise in global oil prices, along with Iran’s continued oil supply to various Asian countries through alternative channels, is among the main reasons behind its rising revenue.

Iran’s economy has long been under pressure from Western sanctions and high inflation. The additional cost of military operations had placed significant economic strain on the Iranian government. However, with this $7.5 billion now in the central bank’s hands, pressure on the national currency, the rial, is expected to ease temporarily.

Analysts say this growth in the oil sector will provide the current Iranian government with significant economic relief in stabilizing the domestic market and addressing shortages of essential goods amid wartime conditions.

বাংলায় মূল প্রতিবেদন পড়ুন · Read the original Bengali report

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