U.S. Vice President JD Vance said on Thursday that more than 12.5 million barrels of oil moved through the Strait of Hormuz overnight, the highest level since the conflict began in late February, as a U.S.-Iran agreement entered a 60-day implementation period.
Speaking at a White House briefing, Vance said the U.S. Navy had allowed more than a dozen ships to access Iranian ports, lifting a blockade as part of an agreement aimed at ending the conflict. He said the increase in oil flows showed that Washington was honouring its commitments under the initial phase of the deal.
