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china-iran-trade

US Hormuz Blockade Threatens Iran's $5bn Oil Revenue

Iran earned roughly $5 billion in oil exports over the past month while restricting Hormuz access to other vessels, keeping its own crude flowing. A US blockade targeting Iranian tankers would eliminate that revenue stream and pressure China, Tehran's primary buyer of discounted sanctioned crude. Iran's non-Hormuz rout

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china-iran-trade

How much will US Hormuz blockade hurt Iran, and does Tehran have an escape?

Iran earned roughly $5 billion in oil exports over the past month while restricting Hormuz access to other vessels, keeping its own crude flowing. A US blockade targeting Iranian tankers would eliminate that revenue stream and pressure China, Tehran's primary buyer of discounted sanctioned crude. Iran's non-Hormuz rout

2mo ago · 1 min · Global Affairs

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