US blockade in Strait of Hormuz traps $4.5B in Iranian oil
23 Oct 2026, 09:23 PM

US blockade in Strait of Hormuz traps $4.5B in Iranian oil

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Treasury Secretary Scott Bessent details how a U.S. blockade in the Strait of Hormuz has trapped vessels carrying $4.5 billion in Iranian oil.
Source Credit: foxnews.com
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