Former Trump Economic Adviser: Iran’s Oil Exports Have Fallen to Zero. Here’s What It Could Mean for Oil Prices

A U.S. naval blockade is driving effectively zero Iranian oil exports, which is already tightening global supply and pushing oil markets to react. With no Iranian barrels available, the article highlights potential spillovers into gasoline prices at the pump and broader energy supply constraints worldwide. The move is framed as materially more impactful than prior sanctions, raising near-term downside risk for consumer energy costs and supply reliability.