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Iran lost around $2 billion in oil revenues since May, U.S. official says

Reuters  |  DUBAI 

(Reuters) - has lost around $2 billion in revenue since May, when U.S. pulled out of the nuclear deal, for Iran, Brian Hook, told reporters on a call on Monday.

"We have taken 1 million barrels (of oil) off the market and that alone will reduce the Iranian regime's revenues by $2 billion," he said.

(Reporting by and Tuqa Khalid; writing by Maher Chmaytelli; Editing by Alison Williams)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, November 05 2018. 21:55 IST