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Source: Bloomberg Markets

US Energy Secretary Reports Half of Hormuz Oil Shipments Restored

US Energy Secretary Chris Wright announced that approximately 7 million barrels of oil and fuel are currently flowing through the Strait of Hormuz daily. This volume represents about half of the shipments that were halted at the onset of the Iran war. Secretary Wright made these remarks on Friday during the Bloomberg Energy Security Executive Briefing held in Houston.

By Fainaron·Jun 12, 2026 (19 hours ago)·1 views
US Energy Secretary Reports Half of Hormuz Oil Shipments Restored

US Energy Secretary Chris Wright stated that roughly 7 million barrels of oil and fuel are currently being shipped through the Strait of Hormuz each day. This figure signifies the restoration of approximately half of the daily volumes that had been stranded when the Iran war began.

Secretary Wright's comments were made on Friday during the Bloomberg Energy Security Executive Briefing. He spoke with Annmarie Hordern at the event, which took place in Houston.

According to Bloomberg, Wright's statement provides an update on the vital energy transit route.

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#strait of hormuz#oil shipments#energy security#chris wright#iran war#crude oil#fuel#us energy
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Bloomberg Markets. Read the original at Bloomberg Markets →

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