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Iran unable to fund 'proxy militia'; lost $25b in oil exports to naval blockade: US

Times of India ·
Iran unable to fund 'proxy militia'; lost $25b in oil exports to naval blockade: US

The United States has asserted that Iran faces significant financial challenges due to a naval blockade.

This blockade has reportedly restricted Iran's import and export capabilities, particularly affecting oil.

Additionally, the US claims that Iran has suffered substantial losses, estimated at $25 billion, due to this blockade.

Iran’s Islamic Revolutionary Guard Corps recently reported an incident involving a supertanker in the Strait of Hormuz.

Read the full article on Times of India ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on timesofindia.indiatimes.com — the content belongs to Times of India.

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