CoinScoopUS Energy Secretary reports Strait of Hormuz oil flow at 11 million barrels per day
The US Energy Secretary stated that oil flow through the Strait of Hormuz has reached 11 million barrels per day, which is approximately half of pre-war levels. This reduction contributes to increased global energy market volatility and affects economies dependent on Persian Gulf exports.
Summaries are written by AI from the original article. Not investment advice.