Data: Iran’s Oil Revenues Exceed $30 Billion
TEHRAN – Iran’s oil revenues exceeded $30 billion in the year ending September 22, 2026; In addition, more than $17.5 billion in proceeds from oil sales entered the country between March 21 and October 22, 2026.
According to published figures, oil revenues received in October 2026 also exceeded $1.5 billion, bringing the country’s total receipts since the beginning of the year to more than $17.5 billion.
In this regard, Abdolnaser Hemati, governor of the Central Bank of Iran, had previously described the country’s foreign exchange reserves as being in a favorable condition, saying they would remain sufficient to meet Iran’s needs for a long time even after U.S. President Donald Trump’s term in office ends.
Hemati also said that the country’s foreign exchange needs continued to be met through exports revenues.
Higher revenues from oil sales could provide the government with additional foreign currency resources and strengthen its capacity to cover current expenditures and provide livelihood support.
The published report also identified a possible increase in the value of electronic food coupons, known as Kalabarg, as one potential use of these resources. However, no details have yet been announced regarding a final government decision or the amount of any possible increase.
In recent months, several reports have also been published on Iran’s oil revenues and the collection of foreign currency proceeds from oil sales. In late August 2026, reports indicated that $7.5 billion in oil revenues had been transferred to the Central Bank from March 21 to July 22, 2026. The figure was described as equivalent to 99 percent of the budgeted oil revenue target for that period.
In early September 2026, another report said that more than $1 billion in foreign currency proceeds from oil sales had entered the country over an 11-day period. These figures were reported as U.S. trade and financial restrictions continued to affect Iran’s oil exports and its access to foreign currency revenues.