Iran’s Oil Ministry says it sold $11.5 billion worth of oil in wartime conditions and $6.5 billion during a ceasefire period.

In a statement released on its official website, the Islamic Republic’s Oil Ministry said that an assessment of the performance in the first months of the year 1405 shows that around $18 billion of the oil revenues predicted in the budget had been realized; a figure equal to 60% of the total annual predicted oil revenues.

According to the figures from Kpler that were provided to VOA, since the start of the war and up to last week, Iran had delivered a total of 179 million barrels of oil to Chinese ports, whose notional value (without taking into account the costs of circumventing sanctions) with prices from recent months is roughly consistent with the figure published by Iran’s Oil Ministry.

According to an OPEC estimate, Iran had $45 billion in oil and petroleum products exports last year.