🌍 Oil flows through the Strait of Hormuz appear to be recovering, with Energy Secretary Chris Wright estimating around 9M barrels per day now moving through the key waterway.
Including pipeline routes, regional oil flows are reportedly reaching nearly 15M barrels daily.
That could mean some pressure on global supply is easing — but the situation remains far from comfortable.
U.S. crude is still around $83/barrel, while the Strategic Petroleum Reserve has fallen below 300M barrels.
The supply cushion remains tight. ⚠️
$RAD $COOKIE $GIGGLE
#BREAKING #news #TRUMP #Hormuz
Including pipeline routes, regional oil flows are reportedly reaching nearly 15M barrels daily.
That could mean some pressure on global supply is easing — but the situation remains far from comfortable.
U.S. crude is still around $83/barrel, while the Strategic Petroleum Reserve has fallen below 300M barrels.
The supply cushion remains tight. ⚠️
$RAD $COOKIE $GIGGLE
#BREAKING #news #TRUMP #Hormuz