https://www.live-feeds.com/feed/millions-of-barrels-of-iranian-oil-sit-beyond-trump-blockade-as-he-vows-zero-leakageContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/millions-of-barrels-of-iranian-oil-sit-beyond-trump-blockade-as-he-vows-zero-leakagehttps://www.live-feeds.com/feed/millions-of-barrels-of-iranian-oil-sit-beyond-trump-blockade-as-he-vows-zero-leakage#u50790Fri, 28 Aug 2026 10:15:43 +0000A US naval blockade has severely restricted Iranian oil exports, causing crude loadings to plunge to one-seventh of pre-war levels. While millions of barrels remain in floating storage, that supply has shrunk to a five-month reserve. Iranian offers to Chinese buyers are declining as the US pursues a "zero leakage" policy. To formalize the seizure of assets, the Department of Justice plans to reactivate maritime prize courts to claim seized tankers as war prizes, with resulting revenue directed to the Treasury Department.Why it mattersThe US is employing a high-pressure economic strat