Bloomberg: Iran exported about 57 million barrels of crude between two US blockades
14 July 2026 | 3 months ago
Bloomberg reported on Monday, July 13, 2026 (22 Tir 1405) that Iran exported at least 57 million barrels of crude oil during the gap between two rounds of US naval blockade, about 2.2 million barrels a day, a flow that helped keep global oil prices in check for a time.
The estimate landed the same day US President Donald Trump said Washington would restore its blockade of ships entering and leaving Iranian ports and impose a 20 percent charge on other cargoes passing through the Strait of Hormuz. The move came less than a month after an interim deal between the two countries to ease restrictions and lift sanctions on oil sales.
Reinstating the blockade puts Iran's oil exports and foreign-currency revenue back under pressure, after earlier reports that a portion of Iran's unsold cargoes had been left idling in Asian waters.
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