Bloomberg Politics

Trump Sanctions Pivot Helps Iran Oil Tycoons Boost War Profits

Apr 2, 2026Center

Sanctioned traders, including Hossein Shamkhani, have been able to move oil through the Strait of Hormuz and exploit higher prices.

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NewsNation

Apr 2, 2026

Good Match

Trump said Wednesday that countries relying on oil shipments through the Strait of Hormuz should take the lead in reopening it.

Center