Tag: Crude Oil

US Says Strait of Hormuz Remains Open for Shipping

U.S. Central Command says the Strait of Hormuz remains open for lawful transit, with commercial shipping continuing and more than 140 vessels crossing in the last week.

JD Vance: 12.5M Barrels Passed Through Hormuz Overnight

JD Vance said oil shipments through the Strait of Hormuz reached 12.5 million barrels overnight, the highest since the conflict started, as oil and gasoline prices continue to decline.

Trump Says Strait of Hormuz to Fully Reopen by Friday as Oil Prices Fall and Global Markets Rally