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U.S. Energy Secretary: Gulf Oil Exceeds 20M Bpd
The U.S. Energy Secretary, Chris Wright, announced that oil flows from the Arabian Gulf region exceeded 20 million barrels per day last Sunday, surpassing pre-conflict levels, thanks to joint efforts between the U.S. military and its allies in the region. He indicated that the average oil flow through the Strait of Hormuz during the past week was approximately 9 million barrels per day, with flows ranging between 5 and 7 million barrels daily through updated pipelines and export routes, bringing total flows to around 15 million barrels per day. These figures are higher than the previous average, with a record-high level recorded on Sunday after a notable interruption.
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