Middle East oil squeeze: How much crude is actually flowing through Hormuz
· World · Times of India, CNN
The Strait of Hormuz remains a focal point of global energy security as conflicting reports emerge regarding the volume of crude oil currently passing through the waterway. While ship-tracking services and inventory data suggest a sharp decline in tanker traffic, US Energy Secretary Chris Wright claims that approximately 9 million barrels per day are still flowing through the region. This figure stands in stark contrast to third-party shipping data, which estimates daily flows at roughly 4 million barrels. Iran maintains that the strait is effectively closed, further complicating efforts to verify actual transit levels. US military forces continue to patrol the area, while additional volumes are reportedly being rerouted through pipelines to bypass the maritime chokehold.
Why it matters
The uncertainty surrounding oil transit through the Strait of Hormuz poses a direct risk to global energy prices and supply chain stability, with significant implications for India's energy import costs.
Read the original report — Times of India
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