Rubio claims Strait of Hormuz oil flows near pre-war levels on some nights
AI Summary
Marco Rubio reported that oil shipments through the Strait of Hormuz are nearly back to pre-war levels on certain nights, reaching about 80-85 percent of the volume before conflicts. This recovery is largely due to reduced Iranian exports. This development is significant as it indicates a potential stabilization in global oil supply, which could ease geopolitical tensions in the region. However, ongoing disruptions in Iranian exports underscore the fragility of this recovery.
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