Hormuz Blockade Will Be Costly for Iran, One Estimate Shows -- WSJ

Dow Jones01:40

By Sune Engel Rasmussen

According to one estimate, a U.S. blockade of the Strait of Hormuz will cost Iran approximately $435 million a day, including $276 million in lost exports, mostly of crude oil and petrochemicals. Miad Maleki, analyst with the Foundation for Defense of Democracies research group, based his estimate on Iran exporting 1.5 million barrels of oil a day at a wartime price of about $87 a barrel, and assumed more than 90% of the oil transits through Kharg Island, inside the Persian Gulf.

Other analysts point out that Iran's potential loss depends on several unknown factors, including how impenetrable the U.S.' blockade turns out to be, and to what extent Iran will be able to reroute oil exports through the Jask terminal outside the Strait of Hormuz. The short-term damage will also be offset by oil Iran already has on the water. As of late March, Iran had an estimated 154 million barrels floating outside the blockage-affected Gulf, according to Kpler.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 13, 2026 13:40 ET (17:40 GMT)

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Miad Maleki, analyst with the Foundation for Defense of Democracies research group, based his estimate on Iran exporting 1.5 million barrels of oil a day at a wartime price of about $87 a barrel, and assumed more than 90% of the oil transits through Kharg Island, inside the Persian Gulf. \n</p>\n<p>\n     Other analysts point out that Iran's potential loss depends on several unknown factors, including how impenetrable the U.S.' blockade turns out to be, and to what extent Iran will be able to reroute oil exports through the Jask terminal outside the Strait of Hormuz. The short-term damage will also be offset by oil Iran already has on the water. As of late March, Iran had an estimated 154 million barrels floating outside the blockage-affected Gulf, according to Kpler. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 13, 2026 13:40 ET (17:40 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hormuz Blockade Will Be Costly for Iran, One Estimate Shows -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHormuz Blockade Will Be Costly for Iran, One Estimate Shows -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-14 01:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Sune Engel Rasmussen \n</p>\n<p>\n     According to one estimate, a U.S. blockade of the Strait of Hormuz will cost Iran approximately $435 million a day, including $276 million in lost exports, mostly of crude oil and petrochemicals. Miad Maleki, analyst with the Foundation for Defense of Democracies research group, based his estimate on Iran exporting 1.5 million barrels of oil a day at a wartime price of about $87 a barrel, and assumed more than 90% of the oil transits through Kharg Island, inside the Persian Gulf. \n</p>\n<p>\n     Other analysts point out that Iran's potential loss depends on several unknown factors, including how impenetrable the U.S.' blockade turns out to be, and to what extent Iran will be able to reroute oil exports through the Jask terminal outside the Strait of Hormuz. The short-term damage will also be offset by oil Iran already has on the water. As of late March, Iran had an estimated 154 million barrels floating outside the blockage-affected Gulf, according to Kpler. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 13, 2026 13:40 ET (17:40 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2627450586","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627450586","pubTimestamp":1776102000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"According to one estimate, a U.S. blockade of the Strait of Hormuz will cost Iran approximately $435 million a day, including $276 million in lost exports, mostly of crude oil and petrochemicals. 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Miad Maleki, analyst with the Foundation for Defense of Democracies research group, based his estimate on Iran exporting 1.5 million barrels of oil a day at a wartime price of about $87 a barrel, and assumed more than 90% of the oil transits through Kharg Island, inside the Persian Gulf. \n\n\n     Other analysts point out that Iran's potential loss depends on several unknown factors, including how impenetrable the U.S.' blockade turns out to be, and to what extent Iran will be able to reroute oil exports through the Jask terminal outside the Strait of Hormuz. The short-term damage will also be offset by oil Iran already has on the water. As of late March, Iran had an estimated 154 million barrels floating outside the blockage-affected Gulf, according to Kpler. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  April 13, 2026 13:40 ET (17:40 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2627450586","isCrawlerRequest":true}