Iran says it is selling oil at 20% premium, exporting 40 million barrels after ceasefire

Iran says it is selling oil at a 20% premium and has exported 40 million barrels following its ceasefire with the United States. According to CNBC, the truce prompted a rapid rise in crude shipments through the Strait of Hormuz, which had largely ground to a halt during the conflict.

The Strait of Hormuz, one of the world's most important oil chokepoints, was under intense uncertainty throughout the war. The revival of traffic became a closely watched development for global energy markets, though Iran's stated premium and export figures cannot be independently verified.

Investors are focused on whether shipments continue steadily and on how durable the ceasefire proves. Ongoing talks with the United States, the trajectory of oil supply and regional tensions are among the main factors that will steer markets in the period ahead.