US energy chief says no 'magic' behind Hormuz crossing claims
US Energy Secretary Chris Wright defended the administration's claims about crude oil crossing the Strait of Hormuz, citing a running average of nine million barrels per day through the southern route and additional pipeline flows. He said "just under" 18 million barrels passed through early last week, contradicting shipping data from Kpler and the IMF's PortWatch. Wright also discussed the US naval blockade, which has redirected 92 commercial vessels, and noted the mission is to prevent Iranian crude flow while ensuring traffic continues.
Why it matters: This relates to the theme of energy security and geopolitical tensions in the Gulf, as the US and Iran clash over maritime routes and sanctions.