Strait Of Hormuz News | US’ Claim, Iran’s Refusal And A U-Turn: Oil Still Stuck In Strait Of Hormuz #NDTV
Strait Of Hormuz News | US’ Claim, Iran’s Refusal And A U-Turn: Oil Still Stuck In Strait Of Hormuz
Amid growing concerns over escalating conflict in the Middle East, US Energy Secretary Chris Wright posted a claim that the United States military escorted an oil tanker travelling through the Strait of Hormuz to ensure global energy supplies, adding to confusion in an already volatile oil market.
The post, deleted just minutes after publication, sparked a sell-off, with oil prices dropping sharply. This prompted the White House to step forward and confirm that there was no such escort.
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