U.S. Commander Says Blockade Has Cost Iran $25 Billion in Oil Revenue

Sioux Falls, SD, October 16, 2026 —

U.S. Central Command Commander Adm. Brad Cooper said a U.S.-implemented naval blockade has resulted in an estimated $25 billion loss in oil revenue for Iran. The figure was presented as an estimate; the information provided does not include details about how it was calculated or the period it covers.

No date or setting for Cooper’s statement was provided. The summary also does not specify when the blockade began, where it is being enforced, or what measures it includes. It gives no information about the effect on oil shipments, the basis for attributing the estimated revenue loss to the blockade, or whether the figure has been independently assessed.

The statement identifies oil revenue as the category of loss, but provides no further breakdown. It does not say whether the estimate refers to revenue already lost, projected losses, or a combination of the two. No additional figures or comparison with other economic impacts were included.

Cooper’s statement is the only information provided about the estimate. Further details about its methodology, timeframe and supporting evidence were not available in the summary. The contractor’s name is not applicable; no other officials or organizations are identified as having commented on the figure.

Accordingly, the $25 billion amount should be understood as an estimate attributed to Cooper, rather than as a figure whose calculation or independent verification is established by the information available here.

Story summarized from the original created by Filip Timotija on thehill.com, see more information here.

Media gallery