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Iran says revenue from energy exports up 60% from last year

Iran says revenue from energy exports up 60% from last year

According to the oil ministry’s official news agency, Shana, Iran’s foreign currency gains from exports of oil, gas condensate, natural gas, and petrochemicals increased by more than 60% from March 21 to May 21 compared to the same time last year.

The first two months of the current Iranian calendar year, which began on March 21, saw petrochemical export revenues rise to $2.45 billion, according to Ali Forouzandeh, head of public affairs at Iran’s oil ministry.

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According to Shana, the data reflected foreign currency transactions on NIMA, the Central Bank of Iran’s official currency trading website for exporters and importers.

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