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Event Brief

Iran sells oil at 20% premium after U.S. blockade ends

Iran says it has exported over 40 million barrels and is selling crude about 20% above prior prices.
WHO: Mohammad Bagher Ghalibaf
WHAT: Iran said it is selling exported oil at roughly a 20% premium and reported exporting more than 40 million barrels since the blockade was lifted.
WHEN: Jun 30, 2026 at 10:51 PM ET
WHERE: Iran
WHY: The U.S. removed its naval blockade of Iranian ports, prompting resumed crude exports through the Strait of Hormuz.

Reporting from 3 identified publishers across this event arc.

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