Trump Administration's Claims on Hormuz Oil Flow Face Industry Skepticism
Energy Secretary Chris Wright asserts oil exports from the Arabian Gulf exceed pre-war levels, but market data and industry voices question the figures amid rising prices.
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Energy Secretary Chris Wright asserts oil exports from the Arabian Gulf exceed pre-war levels, but market data and industry voices question the figures amid rising prices.
Showing 1-9 of 9 articles.
world
Oil prices decline as US officials report progress in reopening the strategic Strait of Hormuz, boosting market confidence.
Al Jazeera | Aug 5, 2026, 2:38 AMworld
The S&P 500 approaches an all-time peak while Brent crude oil prices drop, with Washington and Tehran offering differing accounts on Iran negotiations.
Al Jazeera | Aug 4, 2026, 3:49 AMgeneral
American and European oil giants see soaring profits as the U.S.-Iran conflict disrupts petroleum shipments through the Strait of Hormuz, pushing global fuel prices higher.
Washington Times News | Jul 31, 2026, 12:16 PMpolitics
Brent crude prices climbed to $91 per barrel following missile attacks by Iran on a US base in Jordan, prompting a strong response from President Trump.
The Hill | Jul 29, 2026, 11:33 PM
world
Tensions escalate as Yemen's Houthi rebels strike Saudi shipping in the Red Sea, pushing Brent crude above $100 a barrel and prompting warnings from global leaders about regional conflict and economic impacts.
France 24 English | Jul 24, 2026, 1:03 AM
world
Yemen’s Houthis attack Saudi Arabian oil tankers in the Red Sea, escalating tensions and pushing Brent crude prices above $100 for the first time since May.
Al Jazeera | Jul 23, 2026, 7:21 PMgeneral
Gas prices in the United States have climbed back to an average of $4 per gallon as tensions escalate with new attacks between the U.S. and Iran.
ABC Top Stories | Jul 20, 2026, 2:50 PM
world
Global markets declined and oil prices surged after President Donald Trump announced potential new strikes on Iran, impacting travel and energy stocks.
Al Jazeera | Jul 8, 2026, 4:31 PMShowing 1-9 of 9 articles.