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CNN reported that Iran's oil exports remain largely unchanged since the Iran War began, despite the Strait of Hormuz disruption, and that Iran is considering allowing only yuan-traded oil through the strait.

Iran's Consistent Oil Exports and US Miscalculation

Despite the largely halted vessel traffic through the Strait of Hormuz since the Iran War began on the 28th of last month, Iran's oil export volumes show little difference from last year, CNN reported on the 16th local time. CNN assessed that if the United States assumed Iran would be reluctant to close the Strait of Hormuz for fear of disrupting its own oil exports before initiating an attack, then the US had miscalculated.

Iran's Shifting Strategy for Hormuz Passage

Iran is reportedly considering a new strategy regarding passage through the Strait of Hormuz. CNN stated that Iran is reviewing a plan to allow only yuan-traded crude oil to pass through the strait. This move is interpreted as an attempt by Iran to move away from the traditional dollar-centric oil payment system, aligning with changes in the international trade environment. Current US President Donald Trump has maintained a firm stance on the dominance of the Strait of Hormuz, stating he would 'strike in 5 minutes'.

*Source: YouTube: YTN (2026-03-17)*

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