Stories
CENTCOM Claims US Naval Blockade Leaves Iran Unable to Finance Proxy Militias
N
News18•17-10-2026, 14:15
CENTCOM Claims US Naval Blockade Leaves Iran Unable to Finance Proxy Militias
- •US Admiral Brad Cooper stated that Iran is facing a severe financial crunch and cannot fund its proxy militia due to US maritime trade blockades.
- •CENTCOM reported that Iran has lost USD 25 billion from affected oil exports and USD 350 million in cryptocurrency has been frozen.
- •Iran is experiencing widespread shortfalls across multiple sectors including energy, manufacturing, aviation, and military.
- •While CENTCOM asserted firm US control over the Strait of Hormuz, the IRGC reported that an illegal supertanker was hit by a sea mine in the area.
Key Questions Answered
CENTCOM claimed that Iran has lost USD 25 billion because its oil exports were affected by the naval blockade.
CENTCOM stated that the United States delivered severe blows to Iran's finances, including freezing USD 350 million in cryptocurrency and imposing devastating costs on the security apparatus and the IRGC.
Iran's Islamic Revolutionary Guard Corps stated that an illegal supertanker carrying over two million barrels of crude oil was hit by a sea mine while attempting to pass through the Strait of Hormuz, resulting in an explosion and severe fire.
