TEHRAN – Hojatollah Abdolmaleki, Iran’s former Minister of Cooperatives, Labor, and Social Welfare, stated in a recent interview that the country’s foreign currency earnings increased significantly during the Ramadhan War, dismissing claims of financial shortages or inability to export petroleum.
 According to Abdolmaleki, Iranian crude oil prices rose by approximately 85% compared to pre-war figures, while export volumes grew by 1.5 times during operational weeks. “Combined, the 50% increase in sales volume alongside an 85% price surge brought Iran’s oil revenue to nearly 2.7 times its previous level,” he said.
Abdolmaleki added that tens of millions of barrels of floating oil storage were fully sold during this period. While acknowledging brief drops in sales during certain weeks due to naval blockade conditions, he maintained that overall national oil revenues nearly tripled during active sales periods.
Citing internal Central Bank reports, Abdolmaleki asserted that Iran faces no foreign currency shortages, concluding that current national reserves remain in a solid position.