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8.4

Iranian crude exports hit two-year high despite US naval blockade

Iran's crude sales reached a two-year monthly high, exceeding $3 billion, according to Iran's Planning and Budget Organization, despite the US naval blockade. The claim is based on Iranian official data, which may be self-serving and unverified. This suggests sanctions enforcement is failing or being circumvented, potentially easing global supply concerns and pressuring oil prices.

Proceso Digitalabout 6 hours agoIR, USCredibility 18%View source

Score Breakdown

Mosaic Score8.4
Confidence0.3
Significance0.8
Source credibility0.2

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Locations

Strait of Hormuz

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