Iran to allocate part of oil revenues for reconstruction after attacks, minister says


FILE PHOTO: Iranian Oil Minister Mohsen Paknejad makes a statement following a signing ceremony attended by Russian Energy Minister Sergei Tsivilev in Moscow, Russia, April 25, 2025. REUTERS/Olesya Astakhova/File Photo

DUBAI, April ⁠14 (Reuters) - Iranian oil ⁠sales in recent ‌weeks have been favourable and part of the ​revenue will be ⁠allocated to ⁠repairing damage to industry caused ⁠by ‌wartime attacks, Iran's oil ⁠minister said on Tuesday.

Mohsen ​Paknejad ‌said oil workers had ⁠maintained ​operations across facilities during the conflict, ⁠ensuring oil exports were ​not halted “even for a single day,” including ⁠at key export hubs such as Kharg Island.

The minister said ​last month ⁠that the selling ​price of ‌Iranian crude had ​significantly increased nS8N3YJ01V.

(Reporting by Dubai Newsroom)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read