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US energy secretary says 17 million barrels of oil transited Strait of Hormuz on Monday
Source: reuters.com
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain
Oil transited the Strait of Hormuz at 17 million barrels on Monday, the highest level since the Iran war reduced flows. The uptick in crude movement through a geopolitically sensitive chokepoint raises supply-risk concerns that can pressure energy prices and affect supply-chain expectations.
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