US blockade costs Iran $4.8 billion, US Navy acting 'sort of like pirates,' Trump says - report
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Source: The Jerusalem Post
Published: 2026-05-02 15:01 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, World News, US Politics, War & Conflict
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Snippet:
The US Department of Defense estimates that Iran has lost nearly five billion dollars in oil revenue as a result of the US blockade of the Strait of Hormuz, Axios reported early Saturday morning.
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