Iran exported nearly 18 million barrels of crude oil, valued at roughly 1.44 billion U.S. dollars, over the past five days, maritime intelligence firm TankerTrackers said in a post on social media platform X on Friday.
The surge in shipments came as Iran and the United States finalized a Memorandum of Understanding (MoU), which was announced finalized on Monday and signed on Thursday, aimed at ending their conflict.
Iran said on Friday that multiple Iranian oil tankers had transited through the Gulf of Oman and entered international waters over the past 24 hours, with more tankers expected to set sail in the coming days. According to the Iran-U.S. MoU published on Wednesday, the United States would immediately begin lifting its naval blockade on Iran. In return, Iran would make every effort to ensure the safe and toll-free transit of merchant vessels between the Persian Gulf and the Gulf of Oman for an initial 60-day window.
The U.S. Central Command (CENTCOM) announced on Thursday that it has officially lifted its naval blockade on all maritime traffic to and from Iranian ports and coastal areas. Also on Thursday, Iran's Supreme National Security Council announced that it will waive all transit fees for commercial ships passing through the Strait of Hormuz for the next 60 days.
On Feb. 28, Israel and the United States launched joint attacks on Tehran and other Iranian cities. Iran responded with waves of missile and drone attacks targeting Israel and U.S. bases and assets in the region, and tightened its grip on the Strait of Hormuz, barring safe passage of vessels belonging to or affiliated with Israel and the United States.
The United States imposed its blockade on the Strait of Hormuz, preventing ships traveling to and from Iranian ports from transiting the waterway, after post-ceasefire negotiations with Iran in Pakistan's capital Islamabad on April 11 and 12 failed to lead to an agreement.
Iran exports 18 mln barrels of crude oil over past 5 days: TankerTrackers
Myanmar President Min Aung Hlaing has lauded the achievements of China's modernization drive, noting that its development model offers valuable lessons for Myanmar to learn from.
He made the comments in an interview with China Media Group in Beijing on Wednesday, during his five-day state visit to China which ended on Friday. The trip marked his 13th visit to the country and his first since assuming the office of president.
During his extensive past tours, Min Aung Hlaing visited multiple Chinese provinces and cities, gaining firsthand insight into the nation's sweeping modernization efforts.
"Since entering the new era, China has made remarkable progress, and this is clear for all to see. China is developing at a rapid pace, and I often see news reports about China's technological innovation. China's younger generation is diligent and enterprising. They are the main force driving the country's development. I have visited many provinces and cities in China, and development achievements can be seen across the country, not only in the places you mentioned. In addition, China's development is relatively balanced. For example, Beijing, Shanghai, Chongqing and Guangzhou are roughly on par in terms of development, with only slight differences among them. Therefore, China's development model is worth learning from," said Min Aung Hlaing.
He outlined a wide array of high-value sectors ripe for expanded partnership, including advanced engineering, electronics, aerospace, agriculture, and industrial manufacturing.
"China offers valuable lessons for Myanmar in many fields. Infrastructure development is one key area where the two sides should focus their cooperation. Besides, China has advanced engineering, electronics, aerospace, seed breeding, and industrial manufacturing - all of which offer significant cooperation opportunities. We should continue to broaden the scope of Myanmar-China cooperation, while also increasing investment between the two sides and expanding the scale of bilateral trade," said the president.
China has been Myanmar's largest trading partner for many years, as well as its largest source of imports and most important source of investment. Bilateral trade reached 19.4 billion U.S. dollars in 2025, up 19.1 percent year on year, according to official data.
Myanmar president hails China's modernization achievements, calls for expanded cooperation
