Iran’s Oil Minister Mohsen Paknejad stated that the country’s oil sales during March and April were satisfactory, according to a report by Iran’s Fars News Agency. The minister emphasized that part of the oil revenue should be used to rebuild the oil industry, which has been damaged by the ongoing war.
Earlier, Paknejad had mentioned that the price of Iran’s crude oil had risen significantly in the previous month. The report did not specify the volume of oil sold or the exact reasons behind the increase in sales performance.
The statement comes as Iran continues to face economic and industrial challenges linked to the conflict, with the government focusing on recovery and stabilization of its energy sector.