Iran’s 2022 Oil Revenues Exceed 2016 Levels ...Middle East

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Iran’s 2022 Oil Revenues Exceed 2016 Levels
Iran state revenues from the sale of crude oil last year reached $42.6 billion, which was higher than what Iran made from oil sales in the first year of the nuclear deal. The figure was reported by the Tasnim news agency, which also cited Kpler data showing that Iran exported crude at a rate of 1.4 million barrels daily at the end of 2022. It was this increase in daily export rates combined with higher prices that made for higher revenues. The 2022 oil export figure is a significant improvement on export numbers for 2021: in that year, Iran’s…

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