How much will US Hormuz blockade hurt Iran, and does Tehran have an escape?

Author: Priyanka ShankarPublished on: April 14, 2026Country: Iran

PoliticsBusiness & Economy

How much will US Hormuz blockade hurt Iran, and does Tehran have an escape?

The US naval blockade of Iran began on April 13, 2026, aiming to exert economic pressure on Tehran. Despite previous sanctions, Iran continued to export oil, with exports increasing to 1.84 million barrels per day in March. The price of Iranian oil has remained above $90 per barrel even after the blockade started.

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