OPEC data shows Iran’s oil export revenues reached a three-year high of $42.6 billion in 2022.

Iran’s ability to significantly increase its oil exports in the face of US sanctions has been described by experts as a remarkable feat, especially amid record-breaking crude exports.

A US energy agency report confirms Iran crude export revenues rose in 2022 despite sanctions.

President Ebrahim Raeisi this month underlined the need to tap into new oil markets in Latin America where intensified energy cooperation with Venezuela has already strengthened Iran’s role in the region and boosted its oil exports.

A senior Kpler analyst says demand for Iranian oil in China could increase to record levels this summer.

EU data show Germany resumed petroleum imports from Iran in March after a five-year hiatus.

Oil Ministry denies a report suggesting China is paying in African currencies for Iranian oil shipments.

Iran can build up its presence in EU oil markets amid lower Russian supplies, an analyst says.

IEA figures show Iran supplied an average of 2.65 million bpd of oil to global markets in February.

Iran’s Owji says oil exports from the country rose by nearly 0.57 million bpd in 11 months to February.