Iranian Tankers Evade U.S. Blockade as Oil Flows Persist
Despite a U.S. blockade aimed at Iran, data from Vortexa show at least 34 Iranian-linked tankers have bypassed restrictions since mid-April, with about 19 tankers exiting the Gulf carrying crude (roughly 10.7 million barrels worth ~$910 million at a $10 Brent discount). Some used ship-to-ship transfers and off-transponder signaling to mask origin; Iran says the Strait of Hormuz is open only with Tehran’s permission, while the U.S. has directed 28 vessels to turn back. Shipping remains contested, described by owners as a 'double blockade.'