Centcom commander says naval blockade cost Iran $25B in oil revenue
Cooper said US forces blocked $25 billion in crude oil exports and froze nearly $350 million in digital cryptocurrency assets.
- CENTCOM Commander Admiral Brad Cooper claimed Friday that United States naval operations have blocked Iran's maritime trade, denying the Islamic Republic at least $25 billion in oil revenue and freezing nearly $350 million in cryptocurrency.
- Following United States and Israeli attacks on Feb 28, Tehran closed the vital Strait of Hormuz shipping corridor, pushing global oil prices higher and resulting in more than 20 civilian mariner deaths since February.
- United States forces escorted approximately 400 merchant vessels through the Strait of Hormuz over the previous seven days, though shipping traffic remains 70% below pre-conflict levels according to UKMTO reporting.
- Straining the Islamic Revolutionary Guard Corps, the campaign left the IRGC unable to pay troops, while Iranian leadership condemned the sanctions and the president characterized the conflict as "ecocide."
- Maritime agencies recorded 12 attacks on vessels during the past week, underscoring how maintaining the naval blockade requires sustained United States operational presence across the Middle East.
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Iran’s main cargo terminals have been empty for weeks because of the US blockade on the Islamic Republic. Since late August, no oil tanker has landed on the island of Kharg, according to satellite images recorded by the European Union. The US military blockade has cut dry ... Continue reading “The US blockade empties Iran’s oil terminals and strangles Iran’s exports”
The United States Navy has, since the resumption of Iran's naval blockade, intercepted 138 related merchant ships that were travelling to or leaving Iranian ports, reported on Saturday to the United States Central Command in the Middle East (CENTCOM). "As of 17 October, U.S. Central Command (CENTCOM) has diverted 138 commercial ships to ensure strict compliance", the report states.
Shafaq News - Washington: The US Central Command (CENTCOM), responsible for operations in the Middle East, announced Saturday evening that it had redirected 138 commercial vessels to ensure strict compliance since the resumption of the naval blockade against Iran on July 14. The USS Rafael Peralta (DDG 115) transits regional waters in support of the naval blockade against Iranian ports. As of October 17, CENTCOM forces have redirected 138 commer…
CENTCOM Claims Iran Unable to Finance Proxy Militia Amid US Naval Blockade
Get latest articles and stories on World at LatestLY. United States Adm Brad Cooper on Friday (local time) claimed that Iran was facing a financial crunch and was unable to finance its proxy militia as Washington blocked its trade via sea. World News | CENTCOM Claims Iran Unable to Finance Proxy Militia Amid US Naval Blockade.
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