Strait of Hormuz oil flow 'back towards normal': Energy secretary
Key takeaways
- The Trump administration official said 67 ships went through the strait on Saturday, a slight increase from 55 on Friday as the U.S. military escorts vessels through a southern route in the channel.
- Maybe they can make a deal that brings some benefit to Iran.
- The latest news comes as gas prices remain elevated in the U.S. compared to levels from before the U.S.-Israeli conflict with Iran was sparked in late February.
Why this matters: political developments that affect policy direction and public trust.
The Trump administration official said 67 ships went through the strait on Saturday, a slight increase from 55 on Friday as the U.S. military escorts vessels through a southern route in the channel.
I think it s that returning flows back towards normal without any cooperation at all from Iran, that s the leverage President Trump used to get the Iranians to come to the table and realize they re going to lose all the cards in their hand, Wright said in an interview on ABC s This Week with Jonathan Karl. Maybe they can make a deal that brings some benefit to Iran. Maybe they can t.
A day earlier, Vice President Vance told Fox News there was no evidence that Iran had blocked off the Strait of Hormuz, touting what he described as a record-breaking amount of oil moving through the critical shipping corridor over the previous 24 hours.