Energy Secretary Chris Wright said Sunday that an oil tanker has passed through the Strait of Hormuz, calling it an early sign that the crucial shipping route is starting to reopen.
Will other tankers try the crossing? The post Greek-Operated Oil Tanker Defied Iranian Threats and Crossed the Strait of Hormuz Carrying a Million Barrels of Saudi Crude Oil appeared first on The Gateway Pundit.
Gas prices have spiked in the U.S. as oil has jumped to over $90 since the war began in Iran.
The conflict in the Middle East has halted oil exports through one of their most critical routes - 20 million barrels of oil a day, about 20% of global oil supplies, ship through the Strait of Hormuz.
President Donald Trump has a message for tanker crews making their way through the Strait of Hormuz. Following the success of Operation Epic Fury and the subsequent…
President Trump is pushing oil tanker crews to “show some guts” and sail through the Strait of Hormuz. “These ships should go through the Strait of Hormuz and show some guts, there’s nothing to be afraid of … They have no Navy, we sunk all their ships,” Trump said, according to Fox News’s Brian Kilmeade,…
President Donald Trump says he wants hundreds of ships to “show some guts” and sail through the war zone he created. Speaking to Fox & Friends host Brian Kilmeade Sunday, Trump tried to bully shipping companies into reopening the Strait of Hormuz—where global trade has come to a screeching halt amid Iran’s retaliation to U.S. and Israeli strikes. “These…
The Trump administration's top energy official argued Sunday that fear — not supply shortages — is driving a historic surge in oil prices.The big picture: The world is well-supplied with oil, but markets are reacting to real-world disruptions — a strangled Strait of Hormuz, halted production and strikes on fuel storage.The administration is road-testing a…
Energy Secretary Chris Wright said "what you're seeing is emotional reactions and fear that this is a long-term war." He stressed that "this is not a long-term war."
