For Oil Markets, the Strait of Hormuz Isn’t Closed Says Blas
US Energy Secretary Chris Wright claims that almost 9 million barrels a day had crossed Hormuz during the previous week, which is significantly higher than most tanker trackers' estimates. The oil market is skeptical of Wright's estimate, with many trackers pegging recent Hormuz flows at around 4 million to 5 million barrels a day. Bloomberg Opinion columnist, Javier Blas joined Bloomberg Intelligence to discuss. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: / bloombergradio Subscribe t…