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strikeMay 1, 2026

69 million barrels stranded: How US naval blockade is quietly suffocating Iran’s economy

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Stay updated with the latest - Click here to follow us on Instagram A US naval blockade of Iranian ports has shrunk Tehran’s oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed, and analysts said. With some vessels switching off tracking systems and US forces turning back Iranian tankers, how much crude Iran is delivering to customers, particularly its main customer, China, is impossible to measure. Just a handful of carriers carrying Iranian crude have left the Gulf of Oman between April 13 and 25, oil analytics firm Vortexa said. That’s down over 80% from a comparable period in March, when Iran exported 23.4 million barrels, LSEG data shows. Some of Tehran’s vessels have been intercepted by the US after leaving Iranian ports, along with sanctioned container ships and Iranian tankers in Asian waters. “At this stage, we estimate that around 4 million barrels of Iranian crude has successfully moved out of the Gulf of Oman. We are not currently able to confirm whether any of those vessels have since been interdicted,” it said in an email to Reuters. The loss of Iranian supply adds to wider market tightness as the war has effectively closed the Strait of Hormuz, curtailing oil exports from Saudi Arabia, the UAE, Kuwait and Iraq and sending prices higher, something the US has sought to avoid. Last month, the US granted Tehran an unexpected temporary sanctions waiver on energy exports to allow prices to cool. Benchmark Brent crude oil futures have jumped by about $50 a barrel since the Iran war began on February 28, raising prices of gasoline, diesel and jet fuel. The International Energy Agency has called it the world’s largest oil output disruption. Analysts at Kpler said they had not observed any Iranian crude tankers exiting the Gulf of Oman since the blockade began. US authorities said on Wednesday their blockade was denying Tehran of much-needed revenue from crude exports. “Right now there are 41 tankers with 69 million barrels of oil that the Iranian regime can’t sell,” US Central Command (CENTCOM) said on Wednesday. Iran’s currency, the rial, fell to a record low against the U.S. dollar on Wednesday, highlighting the financial difficulties that face the oil-reliant economy. Despite the pressure, Iran is still loading crude at its main export hub on Kharg Island, maritime intelligence firm TankerTrackers said. Satellite imagery shows at least 10 tankers parked off Iran’s Chah Bahar port on the Gulf of Oman, it added. Iran pumped about 3.24 million bpd of crude in February, around half for domestic refining. Yet, the country may be forced to start cutting output within a week or two, said Kpler analyst Johannes Rauball, with storage scant. Onshore storage is about 60% full, Kpler said, with stocks above 50 million barrels, and capacity at 86 million barrels. Capacity constraints could force Iran to curb production in mid-June, consultancy FGE NextantECA estimated on April 15. Stay updated with the latest - Click here to follow us on Instagram

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  • ReutersBy Reuters

    Stay updated with the latest - Click here to follow us on Instagram A US naval blockade of Iranian ports has shrunk Tehran’s oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed, and analysts said. With som

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strikeUnverifiedUSIsraelIran
1 source

US and Iran trade strikes as tensions escalate amid renewed conflict - US Central Command has struck three Iranian oil tankers, including one near the Kharg Island export hub, after Iran's Islamic Revolutionary Guard Corps fired ballistic missiles at two US Navy vessels.

- Admiral Brad Cooper declared that the US would exact a higher economic cost for attacks on its ships, confirming that no American personnel were harmed during the strike. - Iran's Revolutionary Guard retaliated by threatening further attacks on US military ships, claiming to have targeted three US-linked vessels and three tankers navigating unauthorised routes in the Strait of Hormuz.

- The Iranian Red Crescent has requested an International Criminal Court investigation into a suspected US strike on an Iranian wedding that left at least five people dead, accusing Washington of war crimes. - The recent exchanges represent a dangerous deepening of the wider conflict between the US, Israel, and Iran, which has flared repeatedly since initial strikes in February.

Location: Iran
strikeUnverifiedUSIsraelIran
1 source

Iran said its forces attacked a US naval drone trying to enter the Strait of Hormuz, hours after targeting ships in retaliation for American strikes on three oil tankers. The latest round of clashes, which began with US raids last week, comes amid a deadlock in their six-month war.

Iran has maintained its stranglehold on the strategic Strait of Hormuz while Washington continues a counter-blockade of Iranian ports. Washington is also seeking to choke Iran's economy, rolling out sanctions on entities with financial links to the Islamic republic in a bid to force it into submission.

The Islamic Revolutionary Guard Corps, the ideological arm of Iran's military, said today that it "attacked an American military unmanned surface vessel" attempting to enter the strait, according to a statement carried by state television. Hours earlier, the IRGC said its naval forces "targeted three oil tankers on the unauthorised route of the Strait of Hormuz and three vessels affiliated with the child-killing America in other areas".

It warned ships not to attempt to transit by unapproved routes. Yesterday, US Central Command (CENTCOM), which oversees American military operations in the region, said it struck tankers linked to the Iranian Guards, accusing the most powerful arm of the Iranian military of unsuccessfully firing at American warships.

"Following Iran's failed attacks, CENTCOM permanently disabled the IRGC crude oil carriers M/T Downy off the coast of Kharg Island and M/T Stark 1 near Jask," it said. "American forces also completely destroyed the unladen crude oil carrier M/T Kylo ...

in the Gulf of Oman, striking the vessel in multiple critical locations to render it inoperable after the crew was directed to abandon ship," he said. Video posted by CENTCOM showed large fireballs and billowing flames after projectiles slammed into the ships.

The three vessels were "part of a multibillion-dollar shadow network that funds the IRGC and its regional proxies", it said. 'Higher economic cost' The IRGC meanwhile claimed the two American warships they targeted had been "forced to retreat" after "suffering damage", but CENTCOM said those ships successfully evaded Iranian attacks.

CENTCOM commander Admiral Brad Cooper said after the operation: "If you shoot at two of our ships, we will impose an even higher economic cost - taking out three of yours." The Iranian foreign ministry hit out at Washington over the strikes on oil tankers, calling them "illegal and aggressive actions".

A correspondent for Iranian state TV in Jask in the southern province of Hormozgan said one of the tankers was empty and the second was carrying oil. The crews were transported to shore on lifeboats, they said. Another state TV correspondent on Kharg Island said the attack there caused no casualties.

Iran's Khatam-al Anbiya central military command warned that if the US continued its attacks, then Tehran's retaliation against US warships would be "more severe than before, and there is a possibility of their expansion". The administration of US President Donald Trump has tried to downplay the significance of the six-month conflict, which has proven increasingly unpopular at home as midterm elections near.

US Vice President JD Vance went so far as to say that he "wouldn't call it a war". Mr Trump reiterated that view on Friday, calling the war "small potatoes" for Washington. Iran's Security Chief Mohsen Rezaei warned this week that the Islamic republic had adopted a "new strategy" against Washington that "will shatter your foundations".

The US has been trying to step up pressure on Tehran in a bid to wrestle control of the Hormuz strait, through which one-fifth of world oil supplies previously flowed. A fragile ceasefire between the two sides collapsed in July after attacks on commercial ships in the strategic waterway.

Mr Trump has in recent weeks repeatedly threatened to claim sovereignty over the strait, even posting a map showing it as "new US territory". Mr Vance has insisted the US will not reopen talks with Iran until it ends attacks on commercial shipping in Hormuz.

strikeUnverifiedUSIsraelIranUN
1 source

CAIRO (AP) — Iran said Sunday it struck an unmanned U.S. vessel trying to enter the Strait of Hormuz, the latest salvo in a new flare-up of fighting between the two countries. The U.S. did not immediately confirm the purported attack, which came a day after the U.

S. military said forces struck three Iranian oil tankers in response to a missile attack on Navy warships. The war began with U.S. and Israeli attacks on Iran on Feb. 28. But since a ceasefire agreement was announced in June, on-and-off fighting has persisted with both sides trying to inflict military and economic pain as negotiations have collapsed.

Strikes come about a week after fighting resumed The U.S. and Iran resumed attacks last week, following a month of relative calm, with the Strait of Hormuz and Iranian communities along it again being targeted. At least five people were killed earlier in the week during a U.

S. bombardment of southern Iran. The Trump administration appears to have adopted a dual-prong approach to the conflict, responding militarily to attacks on the strait while going after foreign financial institutions that handle Iran’s money.

But Tehran's hard-line new senior leaders have signaled the willingness to dig in after weathering decades of sanctions. Iran has found ways over the years to circumvent sanctions, and now the U.S. blockade, and get its oil to buyers to help ease growing economic pressures.

That relies in part on a shadow fleet transporting its oil. Meanwhile, Iran's nuclear program, the issue that contributed to the outbreak of the war, was meant to be addressed in negotiations that fell apart soon after the U.S. and Iran signed a memorandum of understanding in mid-June.

Diplomats say the U.S., Britain, France and Germany seek to refer Iran to the U.N. Security Council for failure to comply with its nuclear nonproliferation obligations. Instead, Tehran's new leverage focuses on the Strait of Hormuz that is crucial to global oil and natural gas shipments and was seen as an international waterway before the war began.

___ Magdy reported from Cairo and Frankel reported from Jerusalem.

strikeUnverifiedUSIran
1 source

Iran attacks naval drone near Hormuz after US strikes 3 oil tankers The latest round of clashes, which began with US raids last week, comes amid a deadlock in the six-month war Iran said on Sunday that its forces attacked a US naval drone trying to enter the Strait of Hormuz, hours after targeting ships in retaliation for American strikes on three oil tankers.

The latest round of clashes, which began with US raids last week, comes amid a deadlock in their six-month war. Iran has maintained its stranglehold on the strategic Strait of Hormuz while Washington continues a counter-blockade of Iranian ports. Washington is also seeking to choke Iran’s economy, rolling out sanctions on entities with financial links to the Islamic Republic in a bid to force it into submission.

The Islamic Revolutionary Guard Corps, the ideological arm of Iran’s military, said on Sunday it “attacked an American military unmanned surface vessel” attempting to enter the strait, according to a statement carried by state television. Hours earlier, the IRGC said its naval forces “targeted three oil tankers on the unauthorised route of the Strait of Hormuz and three vessels affiliated with the child-killing America in other areas”.

Location: Iran