Iran has been able to export about 70 million barrels of crude oil, worth about $5 to $6 billion, under a short-term temporary agreement with the United States. The Wall Street Journal (WSJ), an influential US media outlet, recently reported this news, citing information from the anti-nuclear non-governmental organization United Against Nuclear Iran.
The report said that between mid-June and mid-July, about 20 Iranian oil tankers left for various Asian countries. Iran was able to release such a large amount of oil to the market mainly because of the temporary relaxation of US sanctions.
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