World · Middle East · 4 hrs ago
US naval blockade cost Iran $25 billion in oil revenue, Centcom chief says
Centcom commander Adm.
Brad Cooper said the US naval blockade has cost Iran $25 billion in crude oil revenue.
Centcom is the US Central Command, and Cooper made the statement on Friday.
The blockade is a US naval action against Iran.
The $25 billion figure refers to lost crude oil revenue, not to a broader financial total.
Oil revenue is money Iran earns from selling crude oil, so the figure describes a significant loss from that trade.
Cooper’s statement gives the financial cost, but no further details about what happens next.
U.S. Central Command Commander Adm. Brad Cooper said a U.S. naval blockade cost Iran $25 billion in oil revenue.
He described the losses as coming from crude oil.
Cooper made the statement on Friday.
The report was published on October 16, 2026.
- Who
- Adm. Brad Cooper, commander of U.S. Central Command.
- What
- He said the U.S. naval blockade cost Iran $25 billion in oil revenue.
- When
- Friday; the article was published October 16, 2026.
- Where
- Iran.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Reported cost
- $25 billion
- Revenue source
- Crude oil
- Speaker
- Adm. Brad Cooper, U.S. Central Command commander