According to recent US government estimates, roughly 15 million barrels of Gulf oil are now leaving the region each day through the strait and alternative export routes.

According to recent US government estimates, roughly 15 million barrels of Gulf oil are now leaving the region each day through the strait and alternative export routes.

Iran’s oil exports have effectively collapsed under the renewed U.S. blockade, with August loadings down roughly 80% year-on-year and some trackers estimating zero exports escaped…