Iran Exported Billions in Oil During Short-Lived U.S. Cease-Fire

Iran shipped billions in oil during its April-to-July 2026 cease-fire with the U.S., the New York Times reported July 19. Tracking firm Vortexa said crude loadings neared 2 million barrels daily. Trump ended the truce July 10; Iran then blockaded the Strait of Hormuz, a chokepoint for about one-fifth of global oil supply.