blockade

Trucks

Iran sends 57M barrels of crude oil amid US blockade

July 13, 2026 1:16 pm, EDT Strait of Hormuz. (Andrea Campanu/Bloomberg via Getty Images) key takeaways: The US reinstated a naval blockade on Iranian shipping through the Strait of Hormuz, ending a brief relaxation of sanctions allowing exports. During the gap, Iran supplied at least 57 million barrels, about 2.2 million barrels per day, which

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Trucks

America ends Hormuz blockade as talks resume

Strait of Hormuz. (Andrea Campanu/Bloomberg via Getty Images) June 18, 2026 1:42 pm, EDT key takeaways: The United States and Iran begin a 60-day interim peace agreement, reopening the Strait of Hormuz to shipping after lifting the US blockade and extending the ceasefire. The deal eased oil market tensions, with prices falling from recent highs,

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