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Story perspectives

Iran's Oil Sales Surge, Funding Industry Repairs

4/14/2026

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Story summary
  • Mohsen Paknejad, Iran's Oil Minister, said Iran's oil sales have been strong recently.
  • Some revenue from oil sales will be used to repair wartime damage to the oil industry.
  • Oil workers have kept operations running without interruption, ensuring exports continued daily, especially from Kharg Island.
  • Paknejad noted a significant increase in the selling price of Iranian crude last month.