The U.S. Military Says It Has Assisted 1.5 Billion Barrels of Crude Oil Through the Strait of Hormuz
US Army Says It Has Helped 1.5 Billion Barrels Of Oil Out Of Hormuz
U.S. Central Command Commander Brad Cooper stated that since the outbreak of the Iran war, the U.S. military has assisted Persian Gulf oil-producing countries in transporting more than 1.5 billion barrels of crude oil out of the Strait of Hormuz. In the past 6 months, more than 3,000 commercial vessels have successfully passed through the strait with U.S. military support. The U.S. military has cleared mines laid by the Islamic Revolutionary Guard Corps, and the recent accident-free passage rate of vessels through the strait has reached 95%. Currently, Brent crude oil prices remain above $115 per barrel, and WTI crude oil is above $100 per barrel, with regional shipping threats not yet receded.
Source:ZeroHedge · zerohedge.com