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EconomyOil shipments through Strait of Hormuz to increase in coming weeks, US energy secretary says

US Energy Secretary Chris Wright predicts that oil and oil-product shipments through the Strait of Hormuz will rise in the coming weeks. He said the current average is up to 10 million barrels a day. The waterway carries about 25% of global oil trade and roughly 20% of LNG trade.

Strait of Hormuzoil shipmentsChris Wright

TTASS★★★★☆2026-09-14 18:34Original

Oil shipments through Strait of Hormuz to increase in coming weeks, US energy secretary says
Economy