STRAIT OF HORMUZ: IRAN SUFFERS $1.7 BILLION LOSS IN FEW DAYS OF US BLOCKADE

April 17, 2026 • Dons Eze • 1 min read

Reports coming in indicate that Iran is suffering a loss of hundred of million of dollars per day amounting to about $1.7 billion loss in few days of the blockade imposed by the Donald Trump’s led US government. US President noted that the blockade was proven to be more powerful than than the BOMBING.

However, US authority explained clearly that only vessels coming into and going out of Iran are affected by the blockade. The blockade would affect the funding of Iran’s budget, military etc.

Dons Eze

DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.