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$435 mn daily loss: Iran hit by US Hormuz blockade
short by / on Tuesday, 14 April, 2026
Iran could lose about $435 million daily as the US enforces a blockade on its ports via the Strait of Hormuz, choking key oil exports. Analysts say most losses stem from disrupted crude shipments. The impact depends on enforcement and rerouting ability, but the move is expected to strain Tehran's economy and escalate global energy tensions.
read more at Asianet Newsable