Iran's Oil Minister Announces Crude Export Earnings to Fund Industrial Revitalization

Deep News16:00

Iran's Oil Minister stated that the country's crude oil exports have continued uninterrupted amid conflicts with the United States and Israel, and Tehran plans to use the unexpected revenue boost from rising oil prices to support the reconstruction of its industrial base.

The minister noted that the overall outlook for crude sales remains positive, and the resulting income will be allocated toward industrial rebuilding efforts.

According to domestic Iranian media, during a speech at a meeting with petrochemical industry officials on Monday, he emphasized the need to accelerate repairs to petrochemical plants damaged in the war.

Iran's largest gas field and several key petrochemical facilities were hit in joint airstrikes by the U.S. and Israel.

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