Wright downplays concerns over closure of key shipping lane’s impact on oil prices

Source: The Hill News · Bias: Center

Summary

Energy Secretary Chris Wright on Sunday downplayed concerns about the Strait of Hormuz’s closure amid the conflict in Iran.  “One large tanker has already gone through the straits with no issues at all. So as the general just described, we’re massively attiring their ability to strike with missiles and drones, and that rate of attrition…

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Wright downplays concerns over closure of key shipping lane’s impact on oil prices
The Hill News

Wright downplays concerns over closure of key shipping lane’s impact on oil prices

Center

Energy Secretary Chris Wright on Sunday downplayed concerns about the Strait of Hormuz’s closure amid the conflict in Iran.  “One large tanker has already gone through the straits with no issues at all. So as the general just described, we’re massively attiring their ability to strike with missiles and drones, and that rate of attrition…

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