Trump said his blockade would cause Iran's oil industry to 'explode' this week. Why that won't happen
- Posted on April 30, 2026
- By CNBC
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- 1 min read
Trump said his blockade would cause Iran's oil industry to 'explode' this week. Why that won't happen
The U.S. and Iran are locked in a standoff that will only break when one side decides it can no longer tolerate the pain. Who will move is unclear.