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Energy Secretary: 17M barrels via Hormuz
U.S. Energy Secretary Chris Wright stated that more than 17 million barrels of oil were transferred through the Strait of Hormuz on Monday, marking a record high since the Iranian conflict began in late February. Oil exports in the region continued to surpass pre-war levels, which were estimated at 20 million barrels per day, with the United States increasing its role in protecting oil carriers through the strait. This has started to weaken Iran's ability to use oil as a tool of economic pressure. At the same time, the price of American oil decreased by about 1% amid escalating tensions between Washington and Tehran, although the market previously reached a high of $90 per barrel.
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