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Iran can’t access 44% of oil earnings: US

The US administration has concluded that nearly 44% of Iran's monthly earnings from crude oil exports are accumulating in accounts outside the country because of sanctions that restrict Tehran's access to the money, the Associated Press has reported. The US government estimates about $1.5bn of crude oil revenues is piling up in restricted foreign accounts every month now. Crude revenues overall averaged about $3.4bn monthly in the first half of year, a senior US official told the news service, on condition of anonymity because of the sensitivity of sanctions policy.