U.S. Energy Secretary Chris Wright raised eyebrows in energy markets Wednesday when he said more oil exports left the Middle East on Monday—between the Strait of Hormuz and alternative routes—than before the beginning of the Iran war.
While crude oil exports have indeed risen in recent weeks—at least until an escalation of U.S. and Iranian attacks on Tuesday that slowed exports yet again—analytics firms that track tanker traffic rebutted Wright’s claims.
