Commodities

US Energy Secretary Wright says the US is talking and coordinating with every ship and knows how many ships transit in and out of Hormuz daily, according to a Fox News interview

StockNow breaking-news AI analysis

U.S. officials claim Hormuz oil flows are normalized, yet private data and $4/gal gas suggest severe ongoing constraints. Washington is pivoting toward long-term pipeline bypasses to erode Iranian leverage.

News detail

Says: 8mln-9mln barrels of oil transit through Hormuz daily. Iran is trying to hold the world economy hostage. US ability to escort and bring products is growing.

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