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Business / Energy Energy

Half of Hormuz Stoppages Restored, US Energy Chief Says

Source: bloombergMarkets June 12, 2026 · 07:47
US Energy Secretary Chris Wright said roughly 7 million barrels of daily oil and fuel shipments are flowing through the Strait of Hormuz, or about half of the volumes stranded at the start of the Iran war. Wright spoke Friday with Annmarie Hordern during the Bloomberg Energy Security Executive Briefing in Houston. (Source: Bloomberg)
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