Iran’s Oil Ministry says it has prepared a large volume of crude oil—147 million barrels—estimated to be worth about $13 billion, and it is ready to export the supplies once international sanctions are lifted. The announcement comes through an Oil Ministry official speaking to Mizan, stating that the country has been receiving strong interest from foreign buyers as the deadline approaches.
According to the official, Iran is already fielding calls from multiple countries that are in urgent need of oil. The spokesperson emphasized that, once sanctions are eased on Friday, Iran will move to sell the prepared shipment(s) rather than waiting for additional authorizations or extended negotiations. The comments suggest that the government has prioritized readiness and market access in anticipation of the sanction change.
The statement frames the stockpile or export-ready oil as a ready-to-deliver resource following the expected easing of restrictions. In practical terms, it implies that Iranian crude is being held in a position that can quickly transition from domestic handling and logistical preparation to commercial export transactions.
The figure of 147 million barrels is presented as a concrete quantity tied to an overall valuation of around $13 billion. That pricing estimate underscores the potential economic impact that could follow if sanctions restrictions are lifted as scheduled. The announcement also signals Iran’s intention to reassert its role in global oil markets, particularly by tapping immediate demand from importing countries.
The official’s remarks indicate that buyers have been actively reaching out in advance, suggesting that there is existing demand that can be met quickly once legal or compliance barriers are removed. While the text does not name the specific countries contacting Iran, it stresses that multiple nations are communicating urgency and interest.
This move is positioned as a direct response to sanctions timing. The message hinges on the claim that the key barrier—sanctions—will be removed on Friday. By linking export plans to that exact date, the Oil Ministry official is effectively indicating a planned commercial schedule: readiness is already in place, and sales can begin immediately after sanctions are eased.
Iran’s oil exports have historically faced significant restrictions when sanctions are active, which can delay or disrupt trading arrangements, payments, shipping, and insurance. In that context, an announcement about export-ready oil and prospective buyers is designed to communicate that Iran expects fewer constraints moving forward and intends to act quickly.
The reference to “we will sell” in connection with the sanctions easing suggests not merely a statement of capability, but also a plan for commercial execution. It implies that export contracts or at least negotiations are expected to progress quickly once the sanctions are lifted. Such statements can also be intended to influence market expectations, signaling increased future supply.
Beyond market signaling, the statement also conveys that Iran’s Ministry is coordinating closely with international demand. The claims about receiving calls from countries in need of oil portray a situation where demand is ready and buyers are waiting for the regulatory environment to change. That dynamic, if realized, could allow Iran to convert prepared supply into revenue more rapidly than in a scenario where buyers must wait for longer periods of uncertainty.
Overall, the core news is that Iran asserts it has 147 million barrels of oil—valued around $13 billion—ready for export, and that it expects to start selling immediately after sanctions are lifted on Friday. The announcement underscores both Iran’s operational readiness and the existence of immediate international demand.
Source: Mizan (as cited in the news text)
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
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