Thursday, September 03, 2026

πŸ›’️πŸ›’️πŸ›’️

Trump’s Energy Secretary says the flow is 17 million.

 DOE also says:

The U.S. government has provided data on oil exports through Hormuz that are higher than those reported by independent ship-tracking firms. Wright has said the U.S. military and Department of Energy have the best data as private companies often miss covert transits.

Why don’t I believe them? 

Ship-tracking service Kpler reported that "traffic declined sharply," with just five ships crossing on Monday, the same day that the US and Iran exchanged fire for the first time in a month. The data platform documented a mix of official ships as well as shadow vessels using concealment tactics.

Yet the picture from the Trump administration couldn't have been more different, with Energy Secretary Chris Wright saying in a CNBC interview that over 17 million barrels of oil passed through the waterway on Monday. Wright called it a record since the beginning of the conflict.

Wright's figures are rooted in claims from the Trump administration that dozens of ships are being assisted by the US Navy each night, undetected by commercial shipping trackers. Kpler and others use satellite imagery and other tools to gauge traffic in the waterway that is about 21 miles wide at its narrowest point.
Or maybe it’s because Brent Crude is over $97 bbl today.

No comments:

Post a Comment