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US blockade costs Iran $4.8 billion in oil revenue, says Pentagon: Report
Written By ANI
Published: | Updated:
The US blockade in the Gulf of Oman and surrounding maritime routes has been claimed to have cost Iran nearly USD 4.8 billion in oil revenue, significantly tightening financial pressure on Tehran, a report said, citing Pentagon estimates. The report comes amid ongoing tensions over shipping routes near the Strait of Hormuz, a critical global oil checkpoint.
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The Department of War assessment suggests Iran has been denied close to USD 5 billion in oil earnings due to disruptions linked to US enforcement operations |Image source: ANI|
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