WANA (Oct 09) – According to the latest report by the U.S. Energy Information Administration (EIA), Iran’s oil revenues reached $43 billion in 2024, marking the highest level since 2018.
The EIA estimates that Iran’s oil income in 2024 rose by $1 billion compared to the previous year. The report indicates that Iran earned $42 billion in 2023 and $38 billion in 2022, showing a total increase of $5 billion over the past two years.
The U.S. Energy Information Administration — the analytical and statistical arm of the Department of Energy — stated that in 2018, when the United States withdrew from the Joint Comprehensive Plan of Action (JCPOA), Iran’s oil and condensate export revenues amounted to $51 billion. Following the reimposition of sanctions, this figure dropped sharply to $11 billion.
Iran’s Oil Revenues. Social Media / WANA News Agency
However, despite the continuation of “maximum pressure” sanctions and Washington’s efforts to reduce Iranian oil exports to zero, Iran’s oil revenues have surged by more than $32 billion over the past six years, moving closer to pre-sanction levels.
This upward trend suggests that Iran has managed to increase oil sales and improve its ability to access export revenues, even under ongoing restrictions.
WANA (Oct 06) – Data from oil shipment tracking firms show that Iran’s crude exports in September surged to their highest level in seven years, reaching close to 2 million barrels per day. According to TankerTrackers, Iran’s crude oil exports in September 2025 climbed to levels unseen since mid-2018. This sharp increase came […]
