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Wright says amount of oil through the Strait of Hormuz will ‘continue to rise’

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CitrixNews Staff
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Wright says amount of oil through the Strait of Hormuz will ‘continue to rise’

Energy Secretary Chris Wright predicted Tuesday that the amount oil moving through the Strait of Hormuz will “continue to rise” as the U.S. and Iran work to end the 100-plus day conflict. During an Atlantic Council event, Wright said that traffic through the strait, a key oil shipping chokepoint, was “rising very meaningfully.” He added that oil…

Originally reported by The Hill. Read the full story at the original source.