Pentagon says US naval blockade has cost Iran $4.8 billion
- Posted on May 2, 2026
- By The Hill
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- 1 min read
Pentagon says US naval blockade has cost Iran $4.8 billion
The Pentagon has estimated that the U.S. naval blockade has cost Iran about $4.8 billion in oil revenue, a Pentagon official familiar with the assessment told The Hill late Friday. The blockade, w…
