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CENTCOM Says Iran Oil Exports Worth $25 Billion Blocked

Makkler Newsroom
October 17, 2026 · Based on reporting by Borsa Gündem
Photo: Bernard Gagnon / Wikimedia Commons · CC0

Admiral Brad Cooper said a US naval blockade remains in force and described commercial traffic through the Strait of Hormuz.

Key takeaways

  • Cooper said the US had prevented at least $25 billion in Iranian crude exports.
  • He said about 400 commercial vessels crossed the Strait of Hormuz in the past seven days.

The US has prevented Iran from exporting at least $25 billion worth of crude oil, CENTCOM Commander Admiral Brad Cooper said. He said a US naval blockade remains in force.

Cooper said Iran cannot import or export by sea, except for humanitarian aid. He also said CENTCOM supported other US agencies in freezing about $350 million in digital crypto assets.

On the Strait of Hormuz, Cooper said commercial passage was fully open. About 400 commercial vessels crossed the strait in the past seven days, he said.

US forces also supported Gulf partners in shipping more than 100 million barrels of crude during that period, according to Cooper. He said allies’ total crude shipments through the strait had exceeded 1.3 billion barrels in recent months.

Topics
IranCENTCOMCL=F
Further reading

This article was produced with the help of AI technology. Based on reporting by the outlets listed above.

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