Washington DC [US], May 2 (ANI): 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, according to a report by Axios citing Pentagon estimates.
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 in the region, which officials say are targeting sanctioned maritime trade and energy exports.
The report comes amid ongoing tensions over shipping routes near the Strait of Hormuz, a critical global oil checkpoint.
Highlighting the report, Sean Parnell, speaking in his capacity as Assistant to the Secretary of War for Public Affairs and Chief Pentagon Spokesman, quoted Acting Pentagon Press Secretary Joel Valdez, who said the US operation is intended to maintain sustained economic pressure on Tehran.
In a post on X, Parnell cited Valdez, who said, 'The United States' blockade in the Strait of Hormuz is operating with full force and delivering the decisive impact we intended.' Valdez added, 'We are inflicting a devastating blow to the Iranian regime's ability to fund terrorism and regional destabilization.
Our Armed Forces in the region will....
