Persian Gulf Oil Exports Surpass Pre-War Levels Despite Hormuz Attacks
🛢️ HORMUZ — Iran's mines are burning tankers, yet more oil is leaving than before. 📌 LOOK CLOSER: US-escorted convoys have effectively created a parallel transit system, absorbing IRGC interdiction while keeping volumes up. This breaks Tehran's core assumption: that mine and missile pressure would force export collapse. If markets reprice Hormuz risk downward, Iran loses its main economic leverage before November 5.