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US naval blockade halts $25bn in Iranian oil exports in 100 days: CENTCOM

CENTCOM says 100 days of renewed US naval blockade have prevented Iran from exporting at least $25 billion in crude oil.

US naval blockade halts $25bn in Iranian oil exports in 100 days: CENTCOM

In a recent development, the United States Central Command (CENTCOM) has reported that a 100-day naval blockade has successfully hindered Iran's crude oil exports, amounting to a loss of over $25 billion. This comes as CENTCOM highlights the impact of these measures on Iran's financial capabilities and their broader implications.

CENTCOM's statement indicates that the renewed blockade has effectively curbed Iran's oil exports, contributing to a significant economic setback for Tehran. Additionally, the blockade has reportedly restricted the Iranian Revolutionary Guard Corps' ability to finance allied militias, criminal networks, and terrorist activities.

CENTCOM has characterized the blockade as a "steel wall," emphasizing the strategic intent behind these measures—to curb Iranian oil exports and alleviate the financial burdens on the Revolutionary Guard. Importantly, CENTCOM has reported that no regular maritime exports or imports to or from Iran have transpired during this period, with the exception of humanitarian aid, which has been permitted under US forces' watch.

Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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