Iran posts 5-fold increase in oil revenues

12:44 - 29.08.2022


August 29, Fineko/abc.az. Iranian Economy Minister Ehsan Khandouzi said that the country's oil revenues have increased 5 times over the past 5 months.

According to ABC.AZ, Khandouzi reported on the state of the country's economy at a press conference in Tehran.

“Compared to last year, the country's oil revenues have grown 5 times over the past 5 months,” Khandouzi said.

Noting that foreign investment in the country has doubled over the past year, Handouzi said that economic plans have been designed with respect to the continuation or lifting of sanctions imposed by the United States.

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