WASHINGTO: US Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a deal on ending their more than three-month-old war. “I would say rising very meaningfully,” Wright said when asked how ship traffic is flowing through the strait compared to a week or two ago.

US Energy Secretary Chris Wright said on Tuesday that ship traffic through the Strait of Hormuz is rising “very meaningfully” as the conflict with Iran

Wright said that describing the volume of oil exports out of Hormuz as increasing is a "fair statement."