Iranian Tankers Evade US Blockade in Strait of Hormuz, Transporting Over $900 Million in Oil
34 Iran Tankers Slip Past US Hormuz Blockade, With Over $900 Million In Oil: Report
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Despite claims by US President Donald Trump of effective control over the Strait of Hormuz, at least 34 Iranian-linked tankers have successfully navigated past the US blockade. These vessels are estimated to have transported approximately 10.7 million barrels of crude oil, generating revenues of around $910 million.
- 0134 Iranian-linked tankers have bypassed the US blockade since April 2026.
- 02At least 19 of these tankers left the Gulf carrying Iranian crude oil.
- 03The total estimated revenue from these shipments is approximately $910 million.
- 04One tanker successfully evaded detection by turning off its transponder.
- 05Iran has stated that all vessels now require permission from its Navy to transit the Strait of Hormuz.
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Since the US imposed a blockade on Iranian maritime trade in April 2026, 34 tankers linked to Iran have successfully navigated past this blockade, according to a report by the Financial Times. Among these vessels, 19 tankers have left the Gulf, with six confirmed to be transporting Iranian crude oil. These shipments are estimated to have generated approximately $910 million in revenue, given that Iranian oil typically trades at a discount to Brent crude due to international sanctions. One notable tanker, the Dorena, evaded detection by turning off its transponder and engaged in a ship-to-ship oil transfer to conceal the oil's origin. In response to these developments, Iran's Navy has stated that all vessels must now obtain permission from the Islamic Revolutionary Guard Corps Navy to transit through the Strait of Hormuz, marking a shift in control over this critical waterway. This situation has led to claims of a 'double blockade' by shipowners, as both the US and Iran impose restrictions on maritime traffic.
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The successful navigation of Iranian tankers past the US blockade could lead to increased tensions in the region and impact global oil prices due to the significant volume of oil transported.
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