1107 GMT June 26, 2022
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Iran paid for oil exports 90 days after delivery: Minister
Iranian Finance Minister Ehsan Khandouzi said the country receives revenues of its oil exports no later than 90 days from shipment delivery dates despite American sanctions that restrict both purchases of Iranian oil and the related payments.
Iran’s average monthly petrodollars at 1.3b: Report
Iran has been earning an average of around $1.3 billion per month in oil export revenues despite sanctions imposed by the United States.
MP warns Iran ties with South Korea could be at risk over blocked funds
A senior member of the Iranian Parliament warned that South Korea could risk its entire relations with Iran if it refuses to release funds blocked over US sanctions.
Iran getting ‘better’ on foreign oil sale, reclaiming money: CBI
Iran’s chief banker said Tehran has devised alternative ways to bypass US embargoes against its oil exports and to retrieve revenues.
Impacts of surge in petrodollars
By Nersi Qorban
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