Oil and petroleum product flows through the critical chokepoint averaged 13.1 million barrels per day last week, according to Kpler, a marine data tracking service. That's just under 80% of the 17.1 million barrels that had traveled through the strait each day before the war broke out.
Oil and petroleum product flows through the critical chokepoint averaged 13.1 million barrels per day last week, according to Kpler, a marine data tracking service.
That milestone is the product of a complex operation involving military-escorted shuttles engaging in surreptitious "dark" transits of the strait that has helped <a data-rapid_p="...
That's just under 80% of the 17.1 million barrels that had traveled through the strait each day before the war broke out.
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Oil and petroleum product flows through the critical chokepoint averaged 13.1 million barrels per day last week, according to Kpler, a marine data tracking service. That's just under 80% of the 17.1 million barrels that had traveled through the strait each day before the war broke out. Total Middle Eastern crude flows – through Hormuz and around it – are even more impressive: back to 98% of prewar levels, according to JPMorgan.
Iran has lost considerable leverage in the Strait of Hormuz.
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