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Breaking Posted 7 hours ago

US Naval Blockade Costs Iran $25 Billion in Oil Revenue

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Centcom Commander Admiral Brad Cooper confirmed Friday that US naval operations have cost Iran $25 billion in crude oil revenue. The blockade reduces Iranian crude exports, tightening global oil supply and supporting prices; traders monitor whether sustained Iranian revenue losses affect geopolitical risk premiums in energy markets and emerging-market currencies dependent on stable crude.
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