Iranian media: $7.5 billion in oil revenues already transferred to Iran's central bank
2026-08-29 06:08
Odaily News: According to Iranian media FarsNews, Iran currently has ample oil available for sale, sufficient to meet budget funding needs and unaffected by maritime transport restrictions. According to data from the Ministry of Petroleum, in the first four months of this year, the realization rate of planned oil revenues in the budget reached 99%. Fars News Agency stated that the Ministry of Petroleum had previously transferred $7.5 billion in oil-related foreign exchange revenues to the central bank from the foreign exchange income of these months, funds that can cover the government's foreign exchange expenditures until January of next year. (Jin Shi)
