U.S. Navy blockade slashes Iran oil exports as Trump administration shifts to economic warfare
- Posted on August 28, 2026
- By CNBC
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- 1 min read
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U.S. Navy blockade slashes Iran oil exports as Trump administration shifts to economic warfare
The U.S. has shifted to a campaign of economic warfare, after a dozen waves of airstrikes in July failed to force Tehran to abandon its claim to Hormuz.