Ryanair’s Profit Plunge: How the Iran Conflict is Impacting Air Travel

Ryanair has reported a staggering 34% drop in pre-tax profits, falling to €593 million (£503 million) between April and June, as passenger number

Ryanair has reported a staggering 34% drop in pre-tax profits, falling to €593 million (£503 million) between April and June, as passenger numbers and sales hit a plateau. The budget airline has been forced to slash ticket prices to entice travelers who are increasingly hesitant to fly amid the ongoing tensions in Iran. This hesitancy is causing a significant ripple effect on the airline’s financial performance, with Ryanair also projecting summer fares to be slightly lower than last year due to this growing consumer wariness.

The situation is further complicated by concerns over rising fuel costs. The longer the Strait of Hormuz remains closed and the conflict escalates, there is a looming risk that oil prices could surge to around $150 a barrel. This spike would be necessary to balance the reduced supply caused by geopolitical tensions. It’s a complex scenario—Neil Sorahan, Ryanair’s chief financial officer, has emphasized that while this is not their base case, the risks are undeniably high.

Interestingly, between April and June, Ryanair still managed to increase its revenue by 1% to €4.4 billion. Passenger numbers climbed 6% to 6.1 million, largely boosted by the Easter holiday in April. However, fares took a hit, dropping by 6%, as the airline sought to attract nervous flyers who are apprehensive about the unfolding events in the Middle East. It’s a tough balancing act for Ryanair; they want to fill up those seats but also have to navigate the turbulent waters of an unpredictable global landscape.

In fact, flights on Ryanair’s popular Mediterranean routes are still reportedly full, but the question remains: how sustainable is this trend with the looming specter of conflict? Will travelers continue to book flights, or will they think twice given the current global instability? The airline industry is bracing itself, and as the situation evolves, it’s a wait-and-see game for everyone involved. What does the future hold for air travel in this new reality? Only time will tell…

Kaynak: Orijinal Haber

Iranian Rial Plummets as US Dollar Reaches Unprecedented High!

The US dollar has hit a staggering record high against the Iranian rial, trading at a jaw-dropping 1.941 million rials. This marks an increase of 32

The US dollar has hit a staggering record high against the Iranian rial, trading at a jaw-dropping 1.941 million rials. This marks an increase of 32,000 rials, or 1.67%, from the previous day’s unofficial close. The Iranian currency has been on a downward spiral, losing about 43.7% of its value against the dollar since the beginning of the year, when it was trading around 1.35 million rials. This drastic shift is sending shockwaves through the economy and raising fears of another wave of inflation…

As tensions rise in the region, especially after Tehran’s threats on April 7 to launch air strikes, the rial’s devaluation is linked to broader geopolitical instability. The US has been vocal about its operations in the southern regions, claiming they aim to curb Iran’s inflation rate. But the situation is far from stable; inflation in Iran has now soared to levels not seen since the Second World War! Can you believe that? The purchasing power of the rial continues to erode, with rapid monetary expansion compounding the crisis. It’s a grim picture for the everyday Iranian…

The streets are buzzing with concern. Citizens are feeling the pinch as prices rise and the cost of living skyrockets. Vendors are struggling to keep up with the inflation, and shoppers are left bewildered at the rising costs of basic goods. The instability in the currency market is not just a number on a screen; it’s affecting lives, creating uncertainty in households across the country. People are asking, “What’s next?” as they watch their savings dwindle…

The Iranian economy is at a critical juncture. With inflation climbing to unprecedented heights, the future remains uncertain. What will happen next? How will the government address this spiraling crisis? These are questions that linger in the air, leaving many anxious about the days ahead. The people are bracing for impact, and all eyes are on the government’s next move…

Kaynak: Orijinal Haber

US Strikes Against Iran Continue for Seventh Night in a Row!

The situation in the Middle East is heating up as US strikes on Iran have entered their seventh consecutive night. The airstrikes have reportedly tar

The situation in the Middle East is heating up as US strikes on Iran have entered their seventh consecutive night. The airstrikes have reportedly targeted various sites, including military logistics infrastructure, underground weapons storage, and maritime capabilities. Images shared on Friday depict a damaged bridge in Iran, indicating the intensity of the bombardments.

Iran’s armed forces claimed they intercepted ten Iranian missiles that were fired into its airspace overnight, thankfully resulting in no casualties or significant damage. Centcom, the US Central Command, confirmed that their strikes wrapped up around 21:30 ET (02:30 BST) after several hours of action. Interestingly, during this chaotic time, Iran’s state-run Fars agency reported that two oil tankers were involved in the fracas, although details remain murky.

The situation escalated further when explosions were heard in the central city of Yazd, Qeshm Island, and the port of Bandar Abbas, right next to the strategic Strait of Hormuz. Reports suggest that commercial vessels have largely halted their passage through this critical waterway, raising concerns about international shipping and oil supplies.

Adding to the tension, US partner CBS News reported that several American service members sustained injuries during Iranian attacks on two Jordanian bases over the past week. However, Washington has firmly denied Tehran’s claims that the strikes were aimed at anything other than military targets. As Friday marks a full week since peace talks with Iran collapsed, the stakes have never been higher.

So, what’s next in this unfolding drama? Will the US and Iran find a way to de-escalate, or are we in for more sleepless nights filled with airstrikes? Only time will tell…

Kaynak: Orijinal Haber

Record Profits in Aviation: How the Iran War is Shaking the Skies

Airlines have recently been basking in the glow of record profits, but the clouds of conflict are looming large. According to an analysis by Dubai-b

Airlines have recently been basking in the glow of record profits, but the clouds of conflict are looming large. According to an analysis by Dubai-based investment firm One Investments, the top nine airlines collectively raked in a staggering $25.11 billion (€22 billion) in net earnings. Leading the charge for the second year in a row is Emirates, which reported a jaw-dropping $5.4 billion (€4.7 billion) net profit for the first quarter of this year. That’s the best performance in its history. However, things may not be as rosy as they seem, especially with the shadow of war in Iran creeping back into the picture.

Emirates’ numbers are eye-popping, but let’s not ignore the details. The airline’s strong showing came despite carrying 1% fewer passengers, a direct consequence of the ongoing conflict that has sent shockwaves through the region’s aviation landscape. The International Air Transport Association is sounding alarms, warning that global airline profits are on track to halve this year. That’s no small potatoes! Just to put that into perspective, oil prices have already surged above $150 a barrel due to disruptions in the Strait of Hormuz, a critical artery for global oil supply.

And while Ryanair seems to have played its cards right by hedging 80% of its fuel needs at around $67 a barrel, they are still keeping their cards close to their chest for the year ahead, citing “poor visibility.” Meanwhile, Singapore Airlines, despite posting a record operating profit, saw its net earnings drop nearly 10% because of the ongoing conflict shutting down Qatari airspace in its final quarter. CEO Hamad Al-Khater expressed concern about the impacts of these events on their bottom line.

Let’s not sugarcoat it—the pain is just starting to show. As the Iran war reignites, it’s hard to predict what the next quarter will look like for these airlines. With jet fuel already eating up about 25.8% of operating costs in 2025, airlines are bracing for a rocky ride ahead. The next edition of this profit ranking might tell a very different story, and we’re all left wondering: How will the skies look in the coming months?

Kaynak: Orijinal Haber

UAE Blasts Iran’s Bold Attacks on Tankers as US Tightens Grip in Hormuz Strait

The United Arab Emirates (UAE) has come out swinging against Iran, branding its recent attacks on oil tankers as “brazen.” This accusation follows a

The United Arab Emirates (UAE) has come out swinging against Iran, branding its recent attacks on oil tankers as “brazen.” This accusation follows a turbulent weekend in the strategic Strait of Hormuz, where tensions have ratcheted up between the two nations. President Donald Trump also stoked the fire, announcing a 20% charge on all cargo transiting through this vital waterway, aiming to clamp down on what he termed Iran’s “malicious actions.”

In a fiery statement, the UAE’s foreign minister asserted that Tehran’s actions represent a serious breach of international law, jeopardizing the security and stability of the region. This comes on the heels of a naval blockade reinstated by the US, which aims to curb Iran’s influence in the Strait. In a post on Truth Social, President Trump declared, “The U.S.A. will be, from this point forward, known as ‘THE GUARDIAN OF THE HORMUZ STRAIT.'” He emphasized that this blockade would ensure fair and open passage for all other countries, while simultaneously targeting Iran’s maritime activities.

Now, yahu, as the situation escalates, the US military confirmed that it had resumed operations against Iranian forces, an action that was communicated to Congress last week. The stakes are high; the Strait of Hormuz is a critical artery for global oil shipments, with roughly 25% of the world’s oil passing through it. The Iranian Revolutionary Guards have already fired upon commercial vessels attempting to navigate without permission, and the maritime traffic has plummeted, triggering a spike in oil prices.

The narrative takes on a complex twist, as many of Trump’s allies in Congress are beginning to question the rationale behind the blockade and its potential repercussions. They are asking what the US has truly gained from the previous ceasefires and negotiations, especially as oil prices continue to climb, frustrating many Americans. Even some fellow Republicans are voicing concerns, pointing out that the Strait was previously open and operational before the escalation of tensions.

In a world where diplomatic ties are fragile, any cooperation with the US could be construed by Iran as an act of war, with Iranian officials warning that the flames of conflict could engulf the entire region. The situation has become a chess game, with both sides poised for further moves. As the US military redirects its focus in the area, the potential for a greater conflict looms large.

And look, it’s not just the US and Iran caught in this web; many of Trump’s allies might hesitate to support the 20% cargo fee, fearing backlash from their constituents concerned about rising gas prices. As the US tries to assert its dominance in the region, it remains to be seen how allies will react to these new demands.

Bakalım, bundan sonra ne olacak? The unfolding drama in the Strait of Hormuz promises more twists and turns, and we’ll be keeping a close eye on how this situation develops.

Kaynak: Orijinal Haber

US Military Strikes Iran Following Cargo Ship Attack: Tensions Rise in the Gulf

The US military has launched strikes on Iranian targets, escalating tensions in the Gulf region after President Donald Trump accused Iran of a “fooli

The US military has launched strikes on Iranian targets, escalating tensions in the Gulf region after President Donald Trump accused Iran of a “foolish violation.” This comes on the heels of a drone attack attributed to Iran on a cargo ship. Just moments before the strikes were announced, Trump warned that “you’ll see a powerful response” to the ongoing provocations. The nature of these military actions remains unclear—are they isolated incidents, or part of a broader strategy?

In a statement, the Islamic Revolutionary Guard Corps (IRGC), which has been heavily involved in the tensions, blamed the US and Israel for the rising conflict. They declared that they would respond to any violence with violence, emphasizing the volatile situation. Hours after the attacks, the IRGC accused the “Zionist regime” of complicating efforts for the safe passage of commercial vessels, which they claim has been free of charge for 60 days.

Meanwhile, the US Central Command (Centcom) stated that they would continue to monitor the situation closely. Trump, speaking to reporters at the White House, was tight-lipped about the specifics of the military response but hinted that actions would be forthcoming. “You’ll find out,” he said, adding that the situation is “a little bit different” this time around.

On the ground, the situation is becoming increasingly complex. Reports have surfaced suggesting that Iran is charging fees to tankers navigating through the Strait of Hormuz, a move that many experts believe violates international maritime law. The US has condemned these actions as unacceptable. Just days ago, Iranian and Omani officials held discussions in Muscat regarding the future management of navigation in the strait, emphasizing a commitment to toll-free safe passage. However, Iranian officials have warned that the administration of the Strait can never revert to its pre-war state.

On a related note, the UN’s International Maritime Organization (IMO) has paused plans to evacuate over 11,000 sailors stranded in the critical shipping lane since the conflict escalated. The stakes are high, and with Trump requesting billions for military operations against Iran, the situation only seems to be spiraling further into chaos.

As the tension rises, Trump has also accused Iran of breaching the ceasefire established earlier, further complicating diplomatic efforts. It’s clear that the region is on edge, and many are wondering what the next steps will be. Will there be a de-escalation, or are we on the brink of a larger conflict?

Kaynak: Orijinal Haber

Oil Prices Plunge Back to Pre-Iran War Levels as Tensions Ease

The price of oil has slipped back to levels that haven’t been seen since before the Iran war, as traffic through the vital Strait of Hormuz shipping

The price of oil has slipped back to levels that haven’t been seen since before the Iran war, as traffic through the vital Strait of Hormuz shipping route begins to pick up again. Just recently, the global benchmark Brent crude fell below $72.48 a barrel, the rate it was at the day before the US and Israel launched attacks on Iran on February 28. It saw a slight rise to $72.63 afterward. Energy prices have been on a rollercoaster ride since Iran reacted to the strikes by closing the strait, a crucial passageway for oil and gas shipments.

Now, if we rewind to June 17, when the US and Iran signed a Memorandum of Understanding (MOU), we can see a clear drop in crude prices since then. This deal established a 60-day negotiation window to improve communication lines in Tehran and prevent misunderstandings, according to mediators Qatar and Pakistan. It’s kinda wild how much oil prices have come down, but at the gas pump, we’re not seeing the same relief. The prices at the pump aren’t reflecting the drop in crude prices, which is a bit concerning for everyday folks filling their tanks.

The fluctuations are stark: there’s been a “tremendous gouging,” as some experts put it, with prices not moving in sync with crude oil, which has largely remained unchanged between February and March. So, what’s in it for Iran and the US with this deal? And why might both parties struggle to keep it? It’s a complex dance, folks, and one that could have ripple effects on our wallets.

In a nutshell, we’re looking at a situation where oil prices are dropping significantly, yet the savings aren’t trickling down to consumers just yet. The way things are going, it makes you wonder how long it will take for this to catch up. Will we eventually see lower prices at the pump? Or will the big players continue to keep us guessing? Only time will tell…

Kaynak: Orijinal Haber

US-Iran Talks Kick Off in Switzerland Amid Tensions Over Strait of Hormuz

Direct talks between the US and Iran are set to begin in Switzerland, even as the Iranian military claims it has closed the Strait of Hormuz in respo

Direct talks between the US and Iran are set to begin in Switzerland, even as the Iranian military claims it has closed the Strait of Hormuz in response to Israeli airstrikes on southern Lebanon. This assertion has been contested by the US military, which insists that “traffic continues to flow” in the strait. Iran’s announcement followed deadly Israeli strikes that they allege violated an agreement with the US aimed at ending the ongoing conflict.

Late Saturday, US Vice-President JD Vance departed Washington, heading to Switzerland for these pivotal discussions. An Iranian delegation, which includes parliamentary speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi, has already landed. The negotiations are scheduled to commence on Sunday. Vance expressed optimism about making headway on both “the nuclear issue” and “the Lebanon ceasefire issue.”

Speaking to reporters before boarding his flight, he was questioned about the ongoing clashes between Israel and Hezbollah, alongside the recent Israeli airstrikes in southern Lebanon. Vance remarked, “Things are actually getting better there, and things are slowing down a little bit.” He noted that ensuring the safety and security of both Israel and Lebanon is a continuous priority.

Iran’s foreign ministry spokesman Esmail Baghaei stated that his country would be “demanding that the other side fulfil its commitments.” Meanwhile, Pakistan’s Prime Minister Shehbaz Sharif is set to attend the opening of the talks, with Pakistan having played a mediatory role throughout the conflict and previously hosting discussions between the US and Iran.

Earlier this week, the US and Iranian presidents inked a preliminary agreement aimed at halting hostilities, including in Lebanon, effective immediately. This agreement encompasses a commitment for further discussions to reach a conclusive deal within the next 60 days. However, the situation remains complicated by ongoing clashes between Israel and Hezbollah, with the latter backed by Iran and based in southern Beirut.

On Saturday alone, at least 47 people lost their lives in Lebanon due to a series of Israeli airstrikes, as reported by the country’s health ministry. The Israel Defense Forces (IDF) stated that they had targeted 80 Hezbollah-linked sites and claimed to have killed “dozens” of its members, while suffering the loss of four soldiers themselves. Despite the recent agreement between the US and Iran, exchanges of fire between Israel and Hezbollah have persisted, although a ceasefire was confirmed late Friday.

Prior to the agreement, Israel had asserted it had no intention of withdrawing its forces from Lebanon, insisting that its confrontations with Hezbollah were distinct from its broader conflict with Iran. Hezbollah accused Israel of trying to “sabotage” the US-Iran deal through its attacks. The US government has criticized Israel’s ongoing military actions in Lebanon, which escalated after Hezbollah retaliated against US-Israeli strikes that had killed Iran’s supreme leader. Lebanon’s health ministry has reported a staggering 4,057 fatalities since the conflict reignited on March 2.

Iran’s Islamic Revolution Guard Corps (IRGC) condemned Israeli airstrikes as violations of ceasefire agreements, asserting that the Strait of Hormuz, which had been reopened after the US and Iran reached a deal to end the war, has now been closed. The Iranian military justified this closure by claiming the US failed to adhere to the first clause of their 14-point memorandum of understanding, which mandates “the immediate and permanent termination of military operations on all fronts, including in Lebanon.”

Following the Iranian statement, US Central Command (Centcom) spokesperson Tim Hawkins countered that “traffic continues to flow” through the strait, emphasizing that “Iran does not control the Strait of Hormuz.” Centcom reported that 55 merchant ships traversed the strait on Saturday, carrying over 17 million barrels of oil destined for global markets. Tracking data indicated that at least five tankers successfully passed through the Strait that day, while some vessels appeared to make U-turns in the vicinity.

The Strait of Hormuz is crucial for global oil transport, deep enough to accommodate the largest crude oil tankers, and is vital for major Middle Eastern oil and liquefied natural gas producers. In 2025 alone, roughly 20 million barrels of oil and oil products were estimated to have passed through this strait daily, amounting to nearly $600 billion in annual energy trade.

As tensions rise and the region remains on edge, the question looms: will these talks yield any meaningful peace between the involved parties?

Kaynak: Orijinal Haber

New US-Iran Agreement: Key Points You Need to Know!

A US-Iran agreement to extend the ceasefire between the two countries has been signed and is now in effect, a White House official has confirmed to t

A US-Iran agreement to extend the ceasefire between the two countries has been signed and is now in effect, a White House official has confirmed to the BBC. President Donald Trump formally signed the deal while attending the G7 summit in Evian-les-Bains, France. This 14-point agreement, known as a Memorandum of Understanding (MoU), stipulates that Iran will never possess a nuclear weapon and allocates a whopping $300 billion fund for the country’s “reconstruction and economic development,” although it’s important to note that the US is not required to contribute financially.

This deal comes four months after tensions escalated between the nations and Israel. The Trump administration has labeled the agreement as “performance-based,” meaning that Iran will only see benefits if it adheres to its commitments. However, the text of the deal leaves many questions unanswered and some critical issues unresolved.

The opening paragraph of the agreement indicates that the US, Iran, and their allies will declare an “immediate and permanent” end to military operations on “all fronts,” including Lebanon. Trump has voiced concerns that Israeli military actions against Hezbollah could jeopardize the agreement with Iran. On the flip side, Tehran has made it clear that it expects Lebanon to be included in the truce. If Israeli military operations persist in Lebanon, it would be considered a “violation of the understanding,” and the Iranian Ministry of Foreign Affairs has warned that “necessary measures will be taken.”

The agreement specifies that both parties are to refrain from initiating military operations or threats against each other, ensuring the “territorial integrity and sovereignty” of Lebanon. This is a significant point, and it remains to be seen how Israel will respond. The document also emphasizes the need for the US and Iran to “respect each other’s sovereignty” and refrain from meddling in internal affairs, which might not sit well with Iranian dissident groups. Earlier this year, Trump had promised support to Iranian protesters during widespread anti-government demonstrations in various cities.

The MoU also states that the US and Iran commit to negotiating a final deal within a “maximum” of 60 days, although this timeline could be extended if both parties agree. That countdown has officially begun since the leaders signed the MoU. Trump inked the agreement at a post-G7 dinner at the Palace of Versailles, and Iranian President Masoud Pezeshkian also put his signature on it. A formal signing ceremony in Geneva was hinted at, but its status remains uncertain.

Once the MoU is signed, the US will begin to lift its naval blockade and remove “any disturbances or impediments” affecting Iranian ports. The blockade is set to be fully lifted within 30 days, aligning with the agreement and statements from the Iranian Ministry of Foreign Affairs. During this period, the number of vessels allowed through Iranian ports by the US will be proportional to the traffic being restored by Iran in the crucial Strait of Hormuz.

Within 30 days of a final deal being signed, the US has pledged to withdraw American forces from the “proximity of Iran,” reverting to the military posture and assets in place before hostilities began on February 28. The agreement highlights that Iran will “make arrangements using its best efforts” to facilitate the safe passage of commercial vessels through the Strait of Hormuz, free of charge. This has been a significant objective for the US since the conflict began, as the closure of the Strait sent global oil prices soaring.

The document points out that traffic will resume “immediately,” accounting for the removal of technical and military “obstacles” and conducting de-mining operations. Officials have stressed that vessels will not be charged for transit through the Strait of Hormuz. Looking further ahead, the agreement mentions that Iran will collaborate with Oman and other Gulf states to create a “broader” framework for managing the Strait of Hormuz.

An American official expressed that while the US believes Iran will assert its rights “aggressively,” Gulf states would “never” accept a toll system in the region. The MoU also states that the US and regional partners will develop a “definitive, mutually agreed plan” valued at least $300 billion for Iran’s reconstruction and economic development. However, the US will not be financially involved, as it is not obligated to pay anything to Iran.

Trump has made it clear that the agreement contrasts sharply with the 2015 nuclear deal made by the Obama administration. The US will terminate all economic sanctions against Iran, including those from UN Security Council resolutions and unilaterally imposed sanctions. However, timelines remain unclear, and both sides have expressed intentions to address this issue promptly in future negotiations.

Iran has agreed not to procure or develop nuclear weapons and both nations will work on how to manage Iran’s existing enriched uranium. Although the method remains uncertain, it is noted that the material will be “downblended” under the supervision of the International Atomic Energy Agency (IAEA). A senior US official regarded this as a “minimum standard” and a “major win” for the US.

The agreement also maintains a “status quo” on Iran’s nuclear program until the enriched uranium can be resolved, meaning the US will not impose new sanctions during this period. Additionally, waivers for oil exports and banking transactions will be issued. Iran has long demanded the release of its frozen assets for economic relief, and the document promises that the US will make available these funds once the MoU is signed.

The last sections of the document outline how the deal will be implemented. Both countries will create a “mechanism” to monitor compliance with the MoU and future agreements, although specifics are still vague. Once the MoU is enacted, negotiations for a final deal will commence, ultimately endorsed by a binding UN Security Council resolution.

Trump has asserted that this deal guarantees Iran will never develop or acquire nuclear weapons, although the agreement’s text may not fully reflect this assurance. With these developments unfolding, the question lingers—what comes next for US-Iran relations?

Kaynak: Orijinal Haber

Iranian Tankers Break US Blockade: A Bold Move in the Gulf of Oman

Three Iranian tankers loaded with crude oil have successfully crossed the US blockade line in the Gulf of Oman, according to ship-tracking data. This

Three Iranian tankers loaded with crude oil have successfully crossed the US blockade line in the Gulf of Oman, according to ship-tracking data. This bold maneuver has seen two of the vessels broadcasting their locations as they sailed through, while a third tanker activated its location tracker just after crossing the line. Now, despite President Donald Trump’s announcement on Sunday regarding the “immediate removal” of the blockade of Iranian ports, US naval forces later reaffirmed that the blockade would remain until a deal with Iran is finalized. This deal is expected to be signed in Switzerland on Friday.

“This is a sign that Iran is confident the blockade is over, even if the US has insisted it will be in place until Friday,” said Michelle Wiese Bockman, a senior analyst at Windward Maritime Intelligence, in a statement to BBC Verify. The tankers in question, named Diona, Hero II, and Sonia I, are all flagged under Iran and owned by the National Iranian Tanker Company (NITC), which has faced sanctions imposed by the US Treasury, alongside the ships themselves.

Iran has long been under the weight of US sanctions, primarily due to concerns that the country might be developing nuclear weapons, its support for groups classified as terrorist organizations by Washington, and its alleged human rights abuses. Recent data from MarineTraffic indicates that Hero II and Sonia I departed from Iran’s Chabahar port on Tuesday, where several other Iranian tankers are currently anchored, before making their way past the US blockade line into the Arabian Sea in the early hours of Wednesday morning.

Diona began broadcasting its location just after crossing the US blockade line, which stretches from the eastern tip of Oman to the Iranian coast. Maritime intelligence firm Windward noted that this is the first time any of these Iranian tankers have broadcast their positions since March. If they reach their destinations, these tankers will mark Iran’s first oil exports in two months, as reported by TankerTrackers.com. Collectively, the three vessels are transporting a staggering 3.8 million barrels of crude oil, although they are currently not disclosing their intended destinations.

The impact of the US blockade has been significant, with Iran’s crude oil exports plummeting to the lowest levels in six years, dropping to just 260,000 barrels per day in May—less than a fifth of the 2025 average of 1.67 million barrels per day, as per data from maritime intelligence firm Kpler. The US had previously stated that enforcement of the blockade could extend beyond the Gulf region, with reports of American forces intercepting Iran-linked vessels in the Indian Ocean, thousands of miles away from the Gulf.

In a related development, another crude oil tanker owned by NITC, named Stream, stopped broadcasting its location just before reaching the US blockade line and seems to be heading back towards Iran. This unladen tanker has been circling off the coast of the Pakistani port of Karachi since May 8, according to ship tracking data. Since the announcement of the US deal with Iran, “Iranian-linked tankers and cargo ships have become noticeably more active globally,” the monitoring group United Against Nuclear Iran (UANI) reported.

Additionally, two other crude oil tankers owned by NITC, named Dan and Sinopa, resumed broadcasting their positions in the Strait of Malacca between Malaysia and Indonesia on Tuesday. Interestingly, these tankers had not been visible on publicly accessible ship tracking platforms since early April, and they now appear to be making their way back to Iran. “Iran is wasting no time getting its tankers back into circulation,” commented Bockman.

Will this bold move by Iran change the dynamics of the oil trade in the region? Only time will tell…

Kaynak: Orijinal Haber