{"id":2689650,"date":"2026-10-22T12:38:57","date_gmt":"2026-10-22T16:38:57","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/iran-faces-complete-economic-devastation-as-shadow-tanker-oil-reserves-hit-empty\/"},"modified":"2026-10-22T12:38:57","modified_gmt":"2026-10-22T16:38:57","slug":"iran-faces-complete-economic-devastation-as-shadow-tanker-oil-reserves-hit-empty","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/iran-faces-complete-economic-devastation-as-shadow-tanker-oil-reserves-hit-empty\/","title":{"rendered":"Iran Faces Complete Economic Devastation as Shadow Tanker Oil Reserves Hit Empty"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Firan-faces-complete-economic-devastation-as-shadow-tanker-oil-reserves-hit-empty%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2689650&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>Despite a full tank of bellicose rhetoric, Iran is running on empty due to the U.S. blockade.<\/p>\n<p>As noted by <a href=\"https:\/\/www.wsj.com\/world\/middle-east\/irans-fleet-of-shadow-tankers-has-run-out-of-oil-after-monthslong-u-s-blockade-0822b050?st=EKiAeD&#038;reflink=desktopweb_permalink\" target=\"_blank\" rel=\"noopener\">The Wall Street Journal<\/a>, for most of the time during the war that began in February, Iran has used oil stored in a shadow fleet of tankers parked in Asian waters to maintain sales to Chinese buyers.<\/p>\n<p>But as the oil was sold off without being replaced, the tankers emptied, and the billions in Chinese cash Iran needs to prop up its economy are no longer flowing.<\/p>\n<p>\u201cThere\u2019s no more oil to discharge to China anymore,\u201d Homayoun Falakshahi, head of crude-oil analysis at Kpler, told The Wall Street Journal.<\/p>\n<p>Iran\u2019s shadow fleet oil reserve peaked at nearly 90 million barrels, but plummeted to less than 1 million barrels by Oct. 5, and is now hovering near nothing, according to Kpler.<\/p>\n<p>U.S. Central Command estimated on Saturday that the blockade has cost Iran about $25 billion.<\/p>\n<p>American military actions have \u201cimposed devastating costs on Iran\u2019s security apparatus,\u201d Adm. Brad Cooper, head of U.S. Central Command, said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Iran\u2019s economy is on verge of collapse. Says @TheEconomist<br \/> Don\u2019t relent @realDonaldTrump https:\/\/t.co\/fhe9yqSS8W<\/p>\n<p>\u2014 Ujjaval Shah (@UJJAVALSHAH2) <a href=\"https:\/\/x.com\/UJJAVALSHAH2\/status\/2112042408498323814?\">October 19, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/> Although Iran has tried to use surface transportation to get some oil out of the country \u2014 and still receives revenue from past sales to China \u2014 the outlook is not good.<\/p>\n<p>Falakshahi said between 30 percent and 40 percent of Iran\u2019s revenue comes from oil sales. As inflation soars, the Iranian economy is reeling.<\/p>\n<p><a href=\"https:\/\/fortune.com\/2026\/10\/18\/iran-economy-us-naval-blockade-irgc-troops-pay-pensions-salaries-domestic-unrest-insurgency\/\" target=\"_blank\" rel=\"noopener\">Fortune<\/a>, for example, put the Iranian inflation rate at near 90 percent.<\/p>\n<p>The outlet also reported that soldiers and government workers are not getting paid, which has sparked protests.<\/p>\n<p>Shay Khatiri, a senior fellow at the Yorktown Institute, noted that there has been an uptick in domestic incidents expressing anger with the central government.<\/p>\n<p>\u201cAs the Iranian regime weakens, the number of such local movements will likely multiply in number and consolidate in power,\u201d he said.<\/p>\n<p>\u201cIt looks like the U.S. gamble is that the economy will either push the regime back into negotiations to accept a nuclear deal, or will spark protests internally which the regime will face challenges containing,\u201d Falakshahi said, according to The Wall Street Journal.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">America\u2019s pressure on Iran is WORKING.<\/p>\n<p>The Islamic regime is withholding salaries, pensions, and benefits across its economy \u2014 and the IRGC isn\u2019t even paying its own troops. https:\/\/t.co\/bHNRcW8U1l<\/p>\n<p>\u2014 House Republicans (@HouseGOP) <a href=\"https:\/\/x.com\/HouseGOP\/status\/2112662179564458393?\">October 20, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/> Iran keeps on talking tough.<\/p>\n<p>Abdolnaser Hemmati, the governor of Iran\u2019s central bank, said that despite external pressure, \u201cthe Iranian economy has demonstrated very good resilience, and the claim that Iran\u2019s economy is collapsing is nothing more than an illusion.\u201d<\/p>\n<div style=\"background-color: #f7f7f7; color: #171717; display: flex;font-size: 16px;font-weight: 600;line-height: 1.5;margin: 24px 0;padding: 18px 20px 18px 30px;text-align: left;\">\n<div style=\"align-self: stretch;border-left: 3px solid #171717;flex-shrink: 0;padding-left: 20px;\"><\/div>\n<p><a style=\"text-decoration: none;\" href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.westernjournal.com\/\">Choose The Western Journal as your preferred source on Google and never miss reporting that defends truth, protects freedom, and advances Western civilization<\/a><\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey == typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts = { \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs = [ 'name', '', 'message' ];  \t\t\t\t\tfor( var i = 0; i < inputs.length; i++ ) if( ! 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As noted by The Wall Street Journal, for most of the time during the war that began in February, Iran has used oil stored in a shadow fleet of tankers parked in Asian waters to maintain sales to<\/p>\n","protected":false},"author":1,"featured_media":2689651,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/10\/Ben-Working-Feature-Image-2026-10-22T095108.865.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[],"class_list":["post-2689650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/10\/Ben-Working-Feature-Image-2026-10-22T095108.865.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2689650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2689650"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2689650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2689651"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2689650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2689650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2689650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}