US Energy Secretary Wright says roughly 7mln bpd is getting out of the Gulf today, with US military help
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US Energy Secretary Wright says roughly 7mln bpd is getting out of the Gulf today, with US military help
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- No Iranian crude is getting out of the Strait.
- If there is no peace deal, US military will restore flow of products through Hormuz.
- Iranian sanction could be partially lifted if an agreement is reached.
- A gas tax holiday over the summer is possible to help reduce gasoline prices.
- Hopes the SPR will be fully refilled.
Related headlines
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- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports56 min ago
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