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Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported

The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.

Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported

Published July 1, 2026 · Category: Finance

Overview

The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.

Source

Originally published at www.cnbc.com.

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