Half of Hormuz Stoppages Restored, US Energy Chief Says

US Energy Secretary Chris Wright stated that approximately 7 million barrels of daily oil and fuel shipments are now transiting the Strait of Hormuz, representing about half of the volumes that were halted at the outset of the Iran war. Wright shared these figures on Friday during the Bloomberg Energy Security Executive Briefing held in Houston. This development indicates a partial restoration of critical energy supply routes following disruptions.