Russia

Nearly 11 mln barrels of oil transit Strait of Hormuz daily — US energy secretary

TASS English · 2026-09-09

AI SUMMARY

• What happened: Nearly 11 million barrels of oil and oil products are transiting the Strait of Hormuz daily, according to US Energy Secretary Chris Wright, marking the highest levels since the onset of the conflict with Iran. • Why it matters: The Strait of Hormuz is a critical chokepoint for global oil supplies, accounting for approximately 25% of the world's oil and 20% of LNG supplies, making its security vital for international energy markets. • What to watch next: Monitor developments in US-Iran relations, particularly regarding military actions and economic sanctions, as well as any changes in oil transit volumes through the Strait of Hormuz.

Strait of Hormuz developmentsNearly 11 mln barrels of oil transit Strait of Hormuz daily — US energy secretary According to Chris Wright, the data as of Wednesday morning "were at the highest since the start of the conflict"NEW YORK, September 10. /TASS/. Nearly 11 million barrels of oil and oil products are transiting the Strait of Hormuz daily, US Energy Secretary Chris Wright said. "The data as of this morning were at the highest since the start of the conflict, just under 11 million barrels a day, seven-day average of oil and oil products going out of the Strait on ship on water, and then another three to five million barrels a day from the bypass pipelines. So we continue to grow the oil and oil products coming out of the Gulf," he said in an interview with Bloomberg TV. According to Wright, US warships are helping ships pass through the Strait of Hormuz, which is still a conflict zone. The United States and Israel launched a war against Iran on February 28. In June, Washington and Tehran signed a memorandum of understanding envisaging an immediate ceasefire on all fronts, including in Lebanon. However, the United States resumed large-scale attacks on Iran overnight to July 8, having accused it of breaching the existing agreements in what concerned the Strait of Hormuz, a global chokepoint for approximately 25% of oil and some 20% of LNG supplies. The US President Donald Trump administration recently signaled an end to any large-scale use of force against Iran and a transition to putting economic pressure on the Islamic Republic through sanctions instead. Vietnam, Russia to bring trade turnover to $15 bln by 2030 — To LamVietnam's president said that Hanoi welcomes increased investment by Russian companies in the development of renewable energy and the oil and gas sector, as well as in the exploration of deep-sea resourcesRead moreRussia destroys 675 Ukrainian warplanes over course of special opThe Russian Defense Ministry published footage of a Ukrainian Air Force MiG-29 being destroyedRead moreOver 100,000 people sign petition asking FIFA to open probe into chief InfantinoThe FairSquare human rights organization previously submitted a letter to the FIFA Governance, Audit and Compliance Committee, demanding that Gianni Infantino be declared ineligible to run for a new presidential term in the upcoming electionRead moreZarubezhneft reaches production sharing agreement for blocks on Vietnamese shelfThe Russian company and PetroVietnam also exchanged a framework agreement on cooperation in the implementation of the project to establish a strategic oil reserve, and an investment cooperation dealRead moreAnnual inflation in Russia totals 6.29% from September 1 to 7 — ministryPrices changed by 0.05% during the week of September, the Economic Development Ministry reportedRead moreWhite House may reduce role of Witkoff, Kushner in Ukraine’s peace process — FTAccording to the newspaper, the White House has long been examining the possibility of reforming its negotiating team after the peace process stalledRead moreVucic says will dissolve parliament on September 9, elections will be held on October 25Both decisions will be announced on Wednesday at noon, the Serbian president saysRead moreMeeting with CIA director 'businesslike, friendly' — Russian intel chiefEverything was professional and clear, Sergey Naryshkin said Read moreRussia’s ex-Sports Minister Kolobkov nominated for FIDE vice president postPavel Kolobkov served as the Russian minister of sports between October 2016 and January 2020Read moreHanoi, Moscow to boost ties in defense, security, digital transformation — To LamThe Vietnamese president says Hanoi and Moscow are set to "transform science and technology, innovations and digital transformation into a real pillar and the primary driving force of bilateral relations"Read moreReserve FPV interceptor drone units to be formed in Moscow Military DistrictThe new units are being created to rapidly counter enemy unmanned aerial vehicles, ensuring reliable protection of military and civilian infrastructure facilitiesRead more

Source: TASS English
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