Published Jul 20, 2026, 1:15 PM ET · Updated 4 months ago · 1 source
Iran used truce to fund military and prepare for escalation
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Original Report
Iran exploited a one-month truce to export approximately 70 million barrels of oil, generating $5-6 billion, which not only eased pressure on its oil infrastructure but also provided funds for its military, subsequently leading to a cycle of escalating strikes with Washington.