US blockade costs Iran billions as oil tankers pile up in the Gulf
Israel News | Israel Hayom - www.israelhayom.com [Unofficial]
May 2, 2026
The Iranian regime has begun reducing the country's oil production because of the effects of the naval blockade the US has been enforcing on its ports for the past 20 days, Bloomberg reported Saturday, citing a senior Iranian official. On Friday, Axios reported that according to a Pentagon assessment, the naval blockade has so far […]
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