Iran’s Oil Ministry says the country has 147 million barrels of crude oil ready for export valued at about $13 billion, but sales are scheduled to begin once international sanctions are eased. According to the ministry, it is receiving frequent requests from other countries that are urgently seeking supplies, and officials expect the export process to accelerate immediately after sanctions end.
The announcement was delivered by an Oil Ministry official to Mizan, a news outlet that reported the statement as breaking news. The official said the easing of sanctions is expected on Friday, implying that the current restrictions are the main obstacle preventing immediate shipments. Once the sanctions are lifted, the ministry plans to sell the stockpile and begin fulfilling demand from buyers abroad.
The figure of 147 million barrels represents a significant volume of product held in readiness for the export market. The ministry also tied the amount to an estimated financial value of $13 billion, suggesting that the government has calculated expected revenue based on prevailing or projected market pricing. By emphasizing both the volume and the dollar valuation, Iran is signaling that it has capacity and supply available without needing additional production to meet early export orders.
A key element of the statement was the mention of incoming communication from potential buyer countries. The official said that Iran is receiving calls from nations that “desperately need oil,” indicating that demand exists and that governments and energy companies are preparing to quickly secure supplies once legal and financial barriers are removed. This points to a strategy of fast re-engagement with global markets rather than a slow ramp-up.
The announcement also reflects the broader context of sanctions and energy trade. Oil export flows for sanctioned or recently sanctioned countries often depend on whether counterparties can legally purchase, transport, insure, and finance shipments. When sanctions are eased, those operational constraints typically reduce, enabling shipments to move through normal commercial channels. Iran’s reference to Friday as the expected deadline suggests that the ministry anticipates a near-term shift from restricted trade to renewed export activity.
In practical terms, having a large cargo-ready stockpile is especially important during periods of sanctions transition. Even if buyers are ready to purchase, export cannot occur unless crude is available for loading, shipping schedules can be arranged, and contracts can be executed through compliant financial systems. The ministry’s message implies that it has already prepared logistics and supply, so shipments can begin quickly after the legal environment changes.
The reported statement from the Oil Ministry also frames the easing of sanctions as a direct trigger for initiating sales. Rather than suggesting a gradual resumption, the official’s wording indicates a clear and immediate plan: once sanctions are lifted, Iran will sell the 147 million barrels. This suggests coordination across multiple government and commercial functions, including pricing decisions, seller-buyer negotiations, and arrangements for delivery.
The news highlights how geopolitical developments can quickly affect commodity markets. Oil is a global commodity, and when major producing countries indicate they have substantial quantities available, traders and buyers may adjust purchasing plans accordingly. Iran’s claim of a specific ready export amount and value is designed to communicate market confidence and readiness.
Overall, the report conveys that Iran believes it can capitalize on the moment sanctions are removed by moving an already prepared volume of crude into export markets. The Oil Ministry official’s comments to Mizan emphasize urgency on both sides: potential buyers are eager to secure supplies, and Iran is prepared to respond as soon as sanctions end.
Source: Mizan (as reported by an Oil Ministry official).
Sulaiman Ahmed: BREAKING: IRAN HAS 147 MILLION BARRELS OF OIL WORTH $13 BILLION READY TO EXPORT ONCE SANCTIONS ARE LIFTED Oil Ministry official to Mizan: “We are receiving calls from countries that desperately need oil, once the oil sanctions are eased on Friday, we will sell 147 million. #breaking
— @ShaykhSulaiman May 1, 2026
SHOP AMAZON BEST SELLERS, CLICK TO BUY FROM AMAZON.
SHOP AMAZON BEST SELLERS, CLICK TO BUY FROM AMAZON.
