The U.S. is conducting stealth operations to transport oil through the Strait of Hormuz, sources tell CBS News. The development was first reported by Axios. CBS News' Charlie D'Agata has more.
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The U.S. military has quietly established a shipping corridor in and out of the Strait of Hormuz to transport millions of barrels of oil each day — a notable success even as the broader war remains at a stalemate, two U.S. officials told Axios.
The US has been stealthily shepherding millions of barrels of oil a day across the Strait of Hormuz, helping prevent further shocks to the world's oil markets, analysts said.
Is the U.S. really running a secret oil operation through the Strait of Hormuz? That’s the claim coming from U.S. officials, who say American forces have spent weeks quietly coordinating tankers through the strait’s southern channel, moving as many as 10 million barrels of oil a day.
The U.S. military has established a protected shipping corridor through the Strait of Hormuz that is moving nearly 10 million barrels of oil a day […] Source
Trump administration officials are straining the credulity of markets by claiming ever more assertively over the past week that upward of 10 million barrels per day of crude oil are passing through the Strait of Hormuz, about half of what was transiting the crucial trade route before the war with Ir…
Analysts dismissed American control of the Strait of Hormuz as a near-impossible task. The US government now says it has been helping tankers move up to ten million barrels a day through it, while the blockade on Iranian exports and imports has tightened.
The U.S. is conducting stealth operations to transport oil through the Strait of Hormuz, sources tell CBS News. The development was first reported by Axios. CBS News' Charlie D'Agata has more.
While the shipments help supply global markets and mitigate energy price shocks, they still don't quite match the 20 million barrels of oil per day that flowed prior to the war in Iran.