Data shows: Iran's oil exports have dropped to the lowest level in six years.

According to shipping data and analysts' reports, Iran's crude oil and condensate exports in May fell to the lowest level in at least six years due to the US naval blockade, with daily exports far below 300,000 barrels. According to Vortexa data, Iran's May exports averaged around 209,000 barrels per day, a significant decrease from April's 1.34 million barrels and March's nearly 1.9 million barrels, marking the lowest levels since late 2019 to early 2020. Vortexa analyst Claire Jungman stated, "Key driving factors appear to include the turmoil around the Strait of Hormuz, the US naval blockade on vessels entering and leaving Iranian ports, and widespread reluctance among shipowners, shipping companies, insurance companies, and trading partners to expose vessels and crews to the current security environment." Another institution, Kpler, reported a similar decline, but slightly revised May exports to around 260,000 barrels per day, still the lowest level in six years.