Stories tagged “Oil Exports.”
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Iran's Deputy Foreign Minister Kazem Gharibabadi says the US's greatest financial offensive against Iran is an admission of defeat, not victory. He criticized US Treasury Secretary Scott Bessent for claiming victory in the economic war against Iran.
A senior adviser to the Leader of the Islamic Revolution says the Strait of Hormuz has been and will always remain Iranian, rejecting remarks by US President Donald Trump regarding the strategic waterway.
US oil exports have fallen to a 8-month low, according to data from tanker tracking firm Petro-Logistics. The decline comes after a brief peace agreement between the US and Iran in June led to a surge in oil exports from the Middle East, reducing demand for US crude abroad.
Trump pledged to deploy U.S. resources to earthquake-stricken Venezuela, killing at least 32. The U.S. stands ready to help.
Eleven Iranian ships have broken through the US naval blockade, with 8 vessels sailing through international waters and 3 entering Iranian waters after the blockade was lifted.