US Energy Secretary Chris Wright claims that almost 9 million barrels a day had crossed Hormuz during the previous week, which is significantly higher than most tanker trackers’ estimates. The oil market is skeptical of Wright’s estimate, with many trackers pegging recent Hormuz flows at around 4 million to 5 million barrels a day. Bloomberg Opinion columnist, Javier Blas joined Bloomberg Intelligence to discuss.
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Shin John
Shin JohnYtv Market News
Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.