Over 17 million barrels of oil transit Strait of Hormuz on Monday
More than 17 million barrels of oil crossed the Strait of Hormuz on Monday, with the US Navy ensuring safe passage, according to Chris Wright.
Key Takeaways
AIChris Wright said that more than 17 million barrels of oil passed through the Strait of Hormuz on Monday.
He added that the US Navy is working to deliver oil to markets and secure passage through the Strait of Hormuz, according to Al-Sharq.
Wright also stated that President Donald Trump is changing the significance of the Strait of Hormuz for global energy markets, making it less critical, and noted that the US Navy is crushing Iranian attacks in the strait.