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Iran stands to earn $60-70 billion a year in oil revenue at current prices if it returns to pre-war export levels. Proposed waivers under a new memorandum of understanding would allow Tehran to access those funds.
theiranproject.comIran could generate between $60 billion and $70 billion annually in revenue from crude oil and other petroleum liquids at current prices if it resumes pre-war export volumes.
The estimate assumes a return to export levels that existed before recent disruptions. At prevailing market rates, that volume would produce the cited range in yearly earnings.
Proposed waivers tied to a memorandum of understanding would permit Iran to bring the revenue back into the country. The arrangement would involve physical transfer of cash rather than electronic transfers.
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