US energy secretary says Hormuz oil flows averaging nearly 13 million barrels a day
US Energy Secretary Chris Wright told Fox News that oil flows through the Strait of Hormuz were averaging almost 13 million barrels a day.
“There was a day just this last week where over 20 million barrels of oil, more than pre-conflict levels, flowed out of the strait,” he said, adding that “the running average today is almost 13 million barrels a day.”
Wright said current energy-price pressure stemmed more from limited refining capacity than from oil flows.
“The pricing problem today is much more refining capacity than it actually is the flow of oil,” he said.
Wright said the United States produces more natural gas than Iran, Russia and China combined.
He also said President Donald Trump was determined to prevent Iran from obtaining a nuclear weapon.