Iran says its oil production and exports continued without disruption during the 40 days of the US-Israeli aggression, while officials explore new revenue streams tied to tighter control of the Strait of Hormuz. Iran\u2019s oil minister said the country maintained steady crude production throughout the recent 40\u2011day war, which began on February 28, even as some energy facilities came under attack and tensions escalated around the strategic Strait of Hormuz. Petroleum Minister Mohsen Paknejad said the sector continued operating despite the war. \u201cDuring the 40 days of war, we practically had no reduction in crude oil production and our exports continued properly and there was no problem in this regard,\u201d he said. Paknejad praised workers across the industry, calling their performance \u201cvery brilliant\u201d during the period. He acknowledged that several facilities sustained damage from strikes by the American\u2011Zionist enemy, but said repair work was launched immediately. According to the minister, reconstruction is progressing quickly so that the affected infrastructure can return to service on schedule and ensure the continuation of energy supplies. The comments come amid heightened tensions in the Strait of Hormuz, a critical maritime corridor through which a significant share of the world\u2019s energy trade passes. Iran shut down the strait to its enemies and their allies after the unprovoked US\u2011Israeli aggression. Iranian authorities began enforcing much stricter controls last month following US President Donald Trump\u2019s announcement of a blockade targeting Iranian vessels and ports. Tehran says the measures violate the terms of a Pakistan\u2011brokered ceasefire that took effect on April 8 and was later extended unilaterally by Washington. Despite the blockade, shipping activity linked to Iranian crude appears to be continuing. Tanker tracking service TankerTrackers reported on Friday that three cargo\u2011empty tankers belonging to the National Iranian Tanker Company had crossed the US Navy blockade line after returning to Iran through Pakistan\u2019s Exclusive Economic Zone. Combined, the vessels have the capacity to transport roughly five million barrels of Iranian crude oil, it added. Meanwhile, Iranian officials are examining ways to generate new income from the strategic waterway. According to Ali Khezrian, a member of parliament\u2019s National Security and Foreign Policy Commission, the economy minister recently briefed the cabinet on projected revenue streams from managing traffic in the Strait of Hormuz. The report examined the economic potential of the corridor, one of the region\u2019s most important geopolitical and commercial chokepoints. Although no formal details have been released, domestic speculation has focused on possible earnings from transit fees, maritime services and traffic management. Analysts cited by Iranian media say that, with new legal and operational mechanisms, Tehran could convert part of the strait\u2019s economic capacity into stable foreign\u2011currency income. Iran maintains that the waterway will remain closed to its adversaries as long as the US blockade of Iranian ports continues, describing the restrictions as maritime piracy and a war crime.<\/p>\n","protected":false},"excerpt":{"rendered":"
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