14 Hrs
Source:
الاقتصادية
U.S. Energy Secretary: Oil exports via Hormuz rebounding
The U.S. Energy Secretary, Chris Wright, stated that maritime traffic and oil exports through the Strait of Hormuz are experiencing a significant rebound, despite ongoing tensions between the United States and Iran. He explained that navigation has increased compared to previous periods and anticipated continued recovery in the coming months. Large disruptions since the strikes in February have also affected global oil flows. Additionally, he confirmed that the rise in energy prices worldwide is attributable to these disruptions, even though global stockpiles still support price stability.
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