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Iran oil exports stall as US naval blockade succeeds where sanctions failed for years

A US naval blockade launched in April 2026 slashed Iranian crude exports to near zero, costing Tehran $6 billion and disrupting global oil

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A US naval blockade launched in April 2026 slashed Iranian crude exports to near zero, costing Tehran $6 billion and disrupting global oil

For the first time on record, Iran has gone about seven weeks without shipping meaningful crude exports through the Strait of Hormuz, as a US naval