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[US-Israel, Iran War Day #98] Iran Oil Exports has Plunged after US Blockade

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In Brief…

  • Oman’s Mina al Fahal oil terminal suspended loading after an explosion near its mooring berths, caused by an alleged drone attack, Reuters reported.
  • Iran’s crude exports fell 84% in May from the previous month, Lloyd’s List reported, as US pressure on Tehran’s oil network and shipping disruption intensified.
  • President Donald Trump said Thursday he considered sending US special operations forces to retrieve Iran’s highly enriched uranium stockpile, but rejected the idea because the mission would require weeks inside a war zone and risk becoming a “Jimmy Carter” moment.

This is a developing story that HO1 will continue to monitor.
Check back for updates.

 

Oman says Mina al Fahal oil terminal operating normally after blast reports

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