U.S. Energy Secretary Chris Wright has said that more than 17 million barrels of oil transited through the Strait of Hormuz ...
Trump claims Strait of Hormuz oil volumes hit 18M barrels per day, but independent trackers like Kpler report far lower ...
US oil prices rose 1.3% despite Trump claiming control over the Strait of Hormuz amid escalating tensions with Iran and diverging data from ship-tracking service providers.
The Trump administration maintains that the U.S. Navy is assisting dozens of ships through the waterway at night and that many of those movements are not detected by commercial tracking services.
Trump says the US is helping around 30 ships cross the waterway daily, but ship-tracking data suggests it’s fewer.
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