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US says more oil is leaving Middle East. Is it really?
US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, report volumes closer to half this amount. Total Middle East crude exports remain below pre-conflict levels, according to tracking data.
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washingtonexaminer.com
Wright claims Persian Gulf oil exports beat pre-war levels
Most energy analysts have put the seven-day average of oil leaving the strait at millions of barrels below Wright’s assessment.
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thenationalnews.com
Oil disruptions from Iran war to continue through next year, US says | The National
Energy Information Administration estimates Middle East shut-ins averaged 5.5 million bpd in July
