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Oil Flows Through Strait of Hormuz Hit Record High Since War Began, US Energy Secretary Says
US Energy Secretary Chris Wright said more than 17 million barrels of oil passed through the Strait of Hormuz on Monday, the highest since the war with Iran began. Including pipeline bypasses, regional exports exceeded pre-war levels. The figure marks a recovery after a sharp drop caused by the outbreak of hostilities.
By Tertius News AI Desk2 distinct · 2 mastheads · 2 articlesVersion 1Coverage Published
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US Energy Secretary Chris Wright said more than 17 million barrels of oil passed through the Strait of Hormuz on Monday, hitting a record high since the war with Iran began in late February. Wright made the statement in an interview with CNBC and later confirmed the total with reporters while traveling to Venezuela Tuesday evening, saying all 17 million barrels passed through via boat.
According to Wright, when accounting for additional pipeline capacity for transporting petroleum around the strait — another 4-5 million barrels, based on Department of Energy estimates — the total amount of oil leaving the Gulf region was above prewar levels. Before the conflict began, roughly 20 million barrels a day of oil and oil products transited through the crucial waterway, equivalent to about 20% of global demand.
Wright noted that the increase in supply volumes demonstrates a recovery of oil flows from the region following a sharp drop caused by the outbreak of hostilities. He also said that with pipeline shipments from Saudi Arabia and the UAE that make it possible to bypass the Strait of Hormuz taken into account, oil exports from the region exceeded pre-war levels on Monday.
If accurate, Monday's estimates mark a significant win for the United States, which has attempted to facilitate the transit of oil without reaching a long-term ceasefire deal with Iran. The Trump administration has touted its efforts to move oil through the strait in recent weeks, with Wright estimating in early August that the seven-day average for oil passing through the strait was nearly 9 million barrels per day. At the time, market analysts cast doubt on that estimate, projecting that the actual number was closer to 4 million to 6 million barrels a day. Administration officials have defended their estimates, pointing out that market projections are often undercounted due to the number of ships that turn off their transponders to evade attacks from Iran.
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Framing: Highlights record oil flow through Strait of Hormuz attributed to Chris Wright
Facts Included:
Roughly 17 million barrels of oil and gas products passed through the Strait of Hormuz on Monday, the most since the war in Iran began.
Energy Secretary Chris Wright confirmed the total with reporters while traveling to Venezuela Tuesday evening, saying all 17 million barrels passed through via boat.
When accounting for additional pipeline capacity for transporting petroleum around the strait, another 4-5 million barrels according to Department of Energy estimates, the total amount of oil leaving the Gulf region was above prewar levels.
Before the conflict began, roughly 20 million barrels a day of oil and oil products transited through the crucial waterway, equivalent to about 20% of global demand.
If accurate, Monday’s estimates mark a significant win for the United States, which has attempted to facilitate the transit of oil without reaching a long-term ceasefire deal with Iran.
The Trump administration has touted its efforts to move oil through the strait in recent weeks, with Wright estimating in early August that the seven-day average for oil passing through the strait was nearly 9 million barrels per day.
At the time, market analysts threw cold water on that estimate, projecting that the actual number was closer to 4 million to 6 million barrels a day.
Administration officials have defended their estimates, pointing out that market projections are often undercounted due to the number of ships that turn off their transponders to evade attacks from Iran.
More than 17 mln barrels of oil passed through the Strait of Hormuz on Monday, hitting a record high since the war with Iran began in late February
US Secretary of Energy Chris Wright said this in an interview with CNBC
With pipeline shipments from Saudi Arabia and the UAE that make it possible to bypass the Strait of Hormuz taken into account, oil exports from the region exceeded pre-war levels on Monday
Prior to the US and Israeli strikes on Iran, about 20 mln barrels of oil and petroleum products passed through the Strait per day as of February 28
The increase in supply volumes demonstrates a recovery of oil flows from the region following a sharp drop caused by the outbreak of hostilities, Wright noted
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Each row is one claim, attributed to the outlet whose wording states it most clearly. Confidence rates how directly the source text states the claim — explicit and unhedged rates high; hedged, pieced-together, or internally inconsistent statements rate lower. It does not measure whether the claim is true. Status is Contested when two claims on this page negate each other; otherwise it counts the mastheads we found asserting that specific claim — so a single-source claim can still show high confidence, and a multi-source claim can show medium. Every one of those outlets is named beside the status, so you can check the count against the list. For claims extracted before we began storing that list, the row says so: it names the outlet the claim is quoted from and states that we have not recorded which outlets backed it. Outlets wrote at different times, so a figure that evolves — a casualty count, for example — can legitimately differ between rows; check the "as of" time next to each claim's source.
Claim
Confidence
Status
ClaimMore than 17 million barrels of oil passed through the Strait of Hormuz on Monday, hitting a record high since the war with Iran began in late February.
ClaimUS Secretary of Energy Chris Wright said in an interview with CNBC that more than 17 million barrels of oil passed through the Strait of Hormuz on Monday.
ClaimWith pipeline shipments from Saudi Arabia and the UAE that bypass the Strait of Hormuz taken into account, oil exports from the region exceeded pre-war levels on Monday.
ClaimPrior to the US and Israeli strikes on Iran, about 20 million barrels of oil and petroleum products passed through the Strait of Hormuz per day as of February 28.
ClaimEnergy Secretary Chris Wright confirmed with reporters while traveling to Venezuela Tuesday evening that roughly 17 million barrels of oil and gas products passed through the Strait of Hormuz on Monday.
ClaimWhen accounting for additional pipeline capacity for transporting petroleum around the strait, another 4-5 million barrels according to Department of Energy estimates, the total amount of oil leaving the Gulf region was above prewar levels.
ClaimBefore the conflict began, roughly 20 million barrels a day of oil and oil products transited through the crucial waterway, equivalent to about 20% of global demand.
ClaimMonday’s estimates mark a significant win for the United States, which has attempted to facilitate the transit of oil without reaching a long-term ceasefire deal with Iran.
ClaimThe Trump administration has touted its efforts to move oil through the strait in recent weeks, with Wright estimating in early August that the seven-day average for oil passing through the strait was nearly 9 million barrels per day.
ClaimAt the time, market analysts threw cold water on that estimate, projecting that the actual number was closer to 4 million to 6 million barrels a day.
ClaimAdministration officials have defended their estimates, pointing out that market projections are often undercounted due to the number of ships that turn off their transponders to evade attacks from Iran.