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Axios

Scoop: U.S. blockade has cost Iran $4.8 billion, Pentagon says

Scoop: U.S. blockade has cost Iran $4.8 billion, Pentagon says
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The Defense Department estimates Iran has been denied nearly $5 billion in oil revenue because of the U.S. blockade in the Gulf of Oman, causing unprecedented pressure on Tehran's government. Why it matters: The blockade is President Trump's most significant leverage tool to negotiate ending the war with Iran, and the Pentagon wants to emphasize its impact as peace talks stop and start. Zoom in:

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