As the main gateway for global energy transportation, transit through the Strait of Hormuz has been severely disrupted in the past few months due to the US-Iran conflict, and the imbalance between supply and demand has caused energy prices to soar. However, according to US Secretary of Energy Chris Wright's latest statement, oil exports from the Persian Gulf region have returned to pre-war levels, and crude oil exports from the Strait of Hormuz alone reached an average of nearly 9 million barrels per day for seven days. If these figures are accurate, they suggest that the US is still able to maintain bulk oil trade through the straits despite Iran's impediments, yet Wright's estimates far exceed those of any other major tanker tracking agency or energy analyst. “Thanks to the coordinated efforts of the US military and Gulf allies, the average daily oil flow in the Strait of Hormuz is now close to 9 million barrels per day,” Wright posted on social media on Tuesday. “In addition to the 5 million to 7 million barrels of oil delivered every day through newly upgraded pipelines and export facilities, the total oil flow in the region currently averages about 15 million barrels per day.”

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