International, U.S.

U.S. Government Incompetence: Iran oil revenues up 59% despite U.S. & EU sanctions!

On 16 July 2012, the Organization of Petroleum Exporting Countries (OPEC) reported that Iran’s oil revenues for 2011 jumped 59%!

Revenue from Iran’s 2011 exported oil and other petroleum products hit $114.8 billion USD. In 2010 Iran’s oil revenue was $72.2 billion.

 

 

Written by: Hutchins AAron on July 19, 2012.