Russia

Oil exports from Persian Gulf region total 15 mln bpd — US energy secretary

TASS English · 2026-07-15

AI SUMMARY

• What happened: US Energy Secretary Chris Wright reported that oil exports from the Persian Gulf region have decreased to approximately 15 million barrels per day (bpd), down from about 20 million bpd prior to the conflict with Iran. • Why it matters: This decline in oil exports could impact global oil supply and prices, highlighting the ongoing geopolitical tensions in the region and their effects on energy markets. • What to watch next: Monitor developments in the US-Iran conflict and any potential negotiations that may affect oil export levels and overall stability in the Persian Gulf region.

Oil exports from Persian Gulf region total 15 mln bpd — US energy secretary According to US Energy Secretary Chris Wright, the figure stood at about 20 mln barrels per day before the conflict with Iran beganNEW YORK, July 15. /TASS/. Oil exports from the Persian Gulf region currently total about 15 mln barrels per day (bpd), US Energy Secretary Chris Wright said. "Over the past couple of days, oil flows have been in line with the last seven-day average. It’s a little less than 10 mln barrels a day going through the Strait. But if you add in the incremental volumes going through the pipelines, it’s about 15 mln barrels a day," he said in an interview with CNBC. Wright added that before the conflict with Iran began, the figure stood at about 20 mln barrels per day. 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Source: TASS English
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