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macroJun 26, 2026, 8:23 PM

Iran Resumes Oil Exports After 50-Day US Blockade

Iranian President Masoud Pezeshkian announced that Iran exported 16 million barrels of oil in recent days, ending a 50-day period without any shipments due to the US blockade.

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Iranian President Masoud Pezeshkian stated that the country has resumed oil shipments, exporting 16 million barrels after a 50-day halt caused by the US blockade. The announcement marks a significant shift in Iran's ability to circumvent sanctions and re-enter global oil markets.

Prior to this, Iran had failed to ship a single barrel during the blockade period. The resumption signals potential increased supply amid ongoing geopolitical tensions and could impact global crude prices.

No further details on buyers or pricing were provided in the statement.

Source: First Squawk