Iran earns ₹1,318 crore daily from oil amid Strait of Hormuz crisis: Report

Iran is earning around $139 million (nearly ₹1,318 crore) daily from oil exports amid Middle East war, Bloomberg reported. This comes as the country has become the only major exporter that can use the Strait of Hormuz and its flagship crude oil is sold at the narrowest discount against Brent. Moreover, Iran's crude exports are reportedly close to prewar levels.