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US military moved over 15mn barrels of oil and petroleum products through Hormuz
🇴🇲 Oman /Conflict & Security

US military moved over 15mn barrels of oil and petroleum products through Hormuz

From Times of Oman · () English

Summarized and contextualized by DistantNews.

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  • The US military facilitated the movement of over 15 million barrels of oil and petroleum products through the Strait of Hormuz.
  • Total shipments from the region, including pipeline transport, neared 20 million barrels, according to US Energy Secretary Chris Wright.
  • Despite efforts to maintain energy flow amid tensions with Iran, oil markets remain volatile, with Brent crude and WTI prices rising weekly.

The United States military played a crucial role in ensuring the passage of over 15 million barrels of oil and petroleum products through the Strait of Hormuz on Tuesday, U.S. Energy Secretary Chris Wright announced Saturday. This significant volume, combined with pipeline shipments, brought total regional exports close to 20 million barrels, highlighting Washington's commitment to maintaining energy supplies amidst ongoing geopolitical tensions with Iran.

Wright's statement on X indicated that the average daily oil flow through the Strait had surpassed 8 million barrels, a feat he attributed to the U.S. Navy's efforts. "Make no mistake, thanks to the U.S. Navy, oil is flowing through the Strait of Hormuz," he asserted, underscoring the military's role in securing this vital chokepoint.

These developments occur as diplomatic efforts to de-escalate the confrontation between the U.S. and Iran remain stalled. Neither side has reached a lasting agreement on restoring normal shipping or easing economic sanctions on Tehran. Iran insists on acceptable terms, while the Trump administration has opted for increased economic pressure, including the threat of more severe sanctions.

The persistent uncertainty surrounding these issues has kept oil markets on edge. Brent crude prices climbed 6.6 percent over the week, closing at approximately $94.39 a barrel, while WTI settled at $87.06. This price rally persists despite evidence of increased oil movement out of the Gulf, as traders remain concerned about the reliance on military support and the potential for renewed escalation. The Strait of Hormuz's critical role as a global energy chokepoint means any sustained disruption could severely impact global supplies, especially given the sharp decline in Iranian exports. The key question for markets is not just current flow volumes but their sustainability without continued military intervention.

Make no mistake, thanks to the U.S. Navy, oil is flowing through the Strait of Hormuz.

— Chris WrightU.S. Energy Secretary highlighting the military's role in maintaining oil shipments through the Strait of Hormuz.
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Originally published by Times of Oman. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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