U.S. allows Iran to transport oil so that Iran permits others to do the same
The U.S. has admitted that it is not preventing Iran from exporting oil through the Strait of Hormuz, despite Iran itself shelling foreign vessels and effectively preventing other countries from exporting products from the Persian Gulf. U.S. Treasury Secretary Scott Bessent stated that Iranian tankers are already exiting the strait, and U.S. military personnel are allowing this to ensure global supplies.
Illustrative photo. Photo: AP Photo/Altaf Qadri
According to data for the period from February 28 to March 11, Iran was exporting oil almost at last year's volumes — from 1.1 to 1.5 million barrels per day, while for the entire year 2025, the average export was 1.69 million barrels per day. The total amount of oil exported since the beginning of the conflict is estimated to be from 13.7 to 16.5 million barrels.
According to Bessent, tankers will continue to move through the Strait of Hormuz even before the U.S. and its allies begin escorting merchant vessels.
American analysts note that if Iran can freely export its oil, it has an incentive to keep the strait open, as the detention of its tankers could provoke its complete closure and new attacks on vessels.
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