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Benzinga
Benzinga
Business
Rishabh Mishra

Trump Hails Military as 'Oil Is Flowing Like Never Before'—Data Shows 10% of Global Refining Capacity Is Offline

Donald Trump Oil Strait of Hormuz United States Hormuz Iran
Washington,dc,,United,States,,April,14,2025,,President,Donald,J,Trump

President Donald Trump declared that “Oil is flowing like never before” due to United States military efforts keeping the Strait of Hormuz open.

Data reveals that a severe global refining shortage has left approximately 10% of global refining capacity offline.

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