Iran’s president says oil exports have soared

Iran’s president said Monday the country is exporting twice as much oil as when he took office in August, despite heavy sanctions on oil exports imposed by the U.S.

Ebrahim Raisi made the claim in a live interview on state-run TV without elaborating, including on the amount of oil being exported.

Raisi’s remarks came as markets are seeking alternatives to Russian crude following Moscow’s invasion of Ukraine and ensuing Western sanctions.