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Strait of Hormuz Stalemate Worsens As US, Iran Refuse to Back Down
Iranian crude loadings fell to about 260,000 barrels a day from 1.7 million a year earlier as expanded U.S. sanctions choke financing and imports, Kpler said.
A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources said.Washington has in recent weeks sought to ratchet up the economic pressure on Tehran…
The US strangulation of Iran's economy through the blockade of oil exports is becoming increasingly difficult to deal with, according to Iranian sources who appear to have spoken...More...