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US Energy Secretary Chris Wright reported that 17 million barrels of oil passed through the Strait of Hormuz on Monday, while reports indicated that 40 tankers transported approximately 16 million barrels of oil on Friday under US naval protection. The Iranian Revolutionary Guard was targeted by US military strikes inside the region, and Iran responded with shelling US bases in Erbil and Jordan, as well as launching retaliatory rockets and drones. The situation in the Strait of Hormuz remains tense, with no signs of a near-term resolution to the Iranian nuclear crisis, as escalation efforts between Iran, the United States, and Israel continue to intensify.
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