Iranian council head Mohsen Rezaee claims billions of dollars made amid blockade

Iran recorded $7.5 billion in oil earnings during the first four months of 2026, marking a 50% increase compared to prior periods. Mohsen Rezaee, head of an Iranian council, publicly claimed that these billions were generated despite an active blockade. WANA News Agency further suggests that revenue nearly tripled during the period identified as the Ramadan War.

Coverage across Azerbaijan news, Starconnect Media, Middle East Eye, WANA News Agency, and The Jerusalem Post emphasizes the contrast between the reported financial gains and the concurrent regional tensions. The outlets highlight the official Iranian perspective on the economic impact of the blockade, focusing on the specific dollar amount reported for the start of the year. While state media and officials point to a surge in earnings, the precise mechanisms allowing this increase under blockade conditions are not detailed in current reports.

Information regarding the specific impact of the Ramadan War on these figures remains thin. Coverage does not yet specify how these oil revenues will be utilized, nor does it provide a breakdown of international trade partners involved in the transactions.