Iranian revenue from crude oil sales increased substantially during the first month of the Iranian calendar year because of higher oil prices, a spokesman said. Mohammad Bagher Nobakht, a spokesman for the government in Tehran, said the country’s oil income nearly doubled from last year because of spikes in crude oil prices. “During Farvardin (March 21-April 20), we sold each barrel of oil at $63 while the figure was $51 per barrel last year,” he was quoted by SHANA, the Oil Ministry’s official news website, as saying. Economists at the Organization of Petroleum Exporting Countries, of which Iran is a member, reported the benchmark for Iranian crude oil, Iran Heavy, sold for $66.56 per barrel for April, […]