CNN: Hormuz blockade causes 700M barrel oil deficit

A CNN report, citing data from analytics firm Kpler, forecasts that the total oil supply deficit resulting from the US-led blockade of the Strait of Hormuz will reach 700 million barrels by the end of April. The blockade, a key part of the Trump administration's pressure campaign against Iran, has severely disrupted global oil shipments from the Persian Gulf. The Iranian IRGC Cyber Corps shared the report, highlighting the significant economic impact of the ongoing maritime standoff. The massive shortfall underscores the blockade's effect on global energy markets.