How the US naval blockade has bled Iran of nearly $6bn in oil revenues

Iran’s crude oil exports fell to their lowest level in at least six years in May, as a United States naval blockade squeezes Tehran’s most important source of income amid a fragile ceasefire between the two nations. The blockade on Iran’s ports, which Washington commenced on April 13, is part of President Donald Trump’s effort to pressure Iran to agree to its terms for a peace deal. …