69 million barrels stranded: How US naval blockade is quietly suffocating Iran’s economy

Iran's oil exports have shrunk due to a US naval blockade, with a growing stockpile of crude stranded on tankers as storage sites run out of space. Shipping data shows a significant decline in Iranian vessels leaving the Gulf of Oman, with some switching off tracking systems and others being intercepted by the US. The loss of Iranian supply adds to market tightness, curtailing oil exports from other countries and sending prices higher.