Iran Reportedly Earned Up to $6 Billion from Oil Exports During Ceasefire with U.S.

ISLAMABAD:Iran reportedly generated between **$5 billion and $6 billion** in oil revenue during last month’s brief ceasefire with the United States by significantly increasing its crude oil exports, according to a report by *The Wall Street Journal*.

The report claims that the temporary easing of U.S. sanctions during the ceasefire provided Iran with a major financial opportunity. During the one-month period, the country is said to have exported nearly **70 million barrels of crude oil**, primarily to Asian markets, particularly China.

According to *The Wall Street Journal*, a temporary agreement between Washington and Tehran on **June 17** led to a relaxation of U.S. naval enforcement, allowing Iran to dispatch oil tankers from its ports, including **Chabahar**.

The newspaper reported that around **20 Iranian oil tankers** reached waters off Malaysia’s eastern coast before continuing toward China. It added that Iran exported approximately **50 million barrels of crude oil** during the final two weeks of June alone.

The report further stated that Iranian tankers allegedly transfer oil to other vessels in waters off eastern Malaysia through ship-to-ship transfers, a practice widely used to conceal the origin of crude shipments before they are delivered to China’s privately owned **”teapot” refineries**.

The report added that because much of the oil shipped during the ceasefire is still en route to Asian markets, Iran could continue receiving billions of dollars in revenue over the coming months, even if renewed U.S. enforcement limits future exports.

**Iran has not yet officially responded** to the claims made in *The Wall Street Journal* report.