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US blockade squeezing Iran’s oil industry
April 30, 2026
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Even as Iran squeezes world energy supplies with its chokehold on the Strait of Hormuz, its own oil industry is increasingly being threatened by an American blockade.With no way to export the oil it is pumping out and diminishing room to store it at home, Iran may be forced to dramatically reduce or cease production from some of [] The post US blockade squeezing Iran’s oil industry appeared first on Egyptian Gazette.
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