(CENTCOM): Naval Blockade Prevented Iran from Exporting Over $25 Billion in Oil Since Resumption

Washington, Oct 22 (KUNA) -- U.S. Central Command (CENTCOM) announced on Thursday that the tight naval blockade imposed on Iran has prevented it from exporting $25 billion worth of crude oil since the blockade was resumed last July. In a statement on the X platform, CENTCOM said, “Today marks 100 days since U.S. forces resumed the steel-wall-like naval blockade on Iran.” The statement added, “This blockade has prevented Iran from exporting at least $25 billion worth of crude oil and has limited the Iranian Revolutionary Guard Corps’ ability to fund its affiliated militias, criminal networks, and terrorist activities.” CENTCOM confirmed that Iran has conducted no maritime exports or imports, except for humanitarian aid permitted by U.S. forces to pass through. Earlier today, U.S. President Donald Trump accused Iran of doing its utmost to drive up oil prices ahead of the U.S. midterm elections. Trump posted on the social media platform Truth Social, “Iran is doing its utmost to raise oil prices ahead of the U.S. midterm elections by attacking commercial ships in the Strait of Hormuz.” (End) A.M.M. / M.M.J.