Despite the ongoing conflict with Israel, Iran has managed to significantly increase its oil revenues. Since the U.S. temporarily suspended its sanctions, Iran has sold over 40 million barrels of oil and is now receiving about 20 percent more per barrel than before the war.
According to reports, Iran has exported large volumes of oil over the past two weeks following the easing of the U.S. blockade. At the same time, the country has agreed to allow ships to pass through the Strait of Hormuz without paying fees for 60 days.
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