Live: Iran says it sold $18 billion worth of oil during war and ceasefire

Download AppNewsWorldLive: Iran says it sold $18 billion worth of oil during war and ceasefireMiddle East ConflictUS-Iran War News Live Updates: Iran-aligned Houthi militants attacked Saudi oil installations at two Red Sea ports on Saturday, raising fears that the conflict involving Iran, the US and Israel could spill over into another major shipping route and reignite Yemen’s long-running civil war. The attacks came as the US refrained from carrying out air strikes on Iran for the first time in nearly two weeks. Washington did not immediately explain the pause after 13 consecutive nights of escalating attacks on Iranian targets. Houthi military spokesperson Yahya Saree said the group had successfully targeted facilities belonging to Saudi state oil giant Aramco in Jizan and Yanbu. Videos verified by Reuters showed a large column of smoke rising from the direction of an Aramco refinery in Jizan. Follow IndiaToday.in for the latest updates....Read MoreGas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, 1,250 km (776 miles) south of the capital Tehran. (Photo: Reuters)Jul 26, 2026 02:47 ISTUS Iran War Live: Iran condemns Ukrainian attack on commercial vessel in Caspian SeaIran’s Foreign Ministry on Saturday condemned a Ukrainian attack on an Iranian commercial vessel in the Caspian Sea, saying the incident caused an explosion that killed one sailor and injured another. Iran described the attack as an act of aggression and accused Kyiv of attempting to expand the war beyond Ukraine. Tehran said it would take steps to protect its national interests and security. The Iranian Foreign Ministry summoned Ukraine’s chargé d’affaires in Tehran to lodge a protest over what it called a “hostile and criminal” attack, Iran’s state news agency IRNA reported. During the war in Ukraine, Kyiv has been fighting Iranian-designed drones deployed by Russia. Ukraine has also offered its expertise in intercepting drones to Middle Eastern countries that have come under attack from Iran. Jul 26, 2026 02:44 ISTUS Iran war Live: Iran earns $18 billion from oil sales amid US conflict Iran’s oil minister said the country sold $18 billion worth of oil during its war and subsequent “ceasefire” with the United States, with the proceeds accounting for more than 60% of the oil revenue projected in Iran’s annual budget. Mohsen Paknejad said reduced risks to tanker traffic helped boost exports, allowing Iran to sell some of the estimated 100 million barrels of crude oil and gas condensate held in storage.