The Strait of Hormuz Has Been Closed for 100 Days. Why Aren’t Oil Prices Higher?
AI Summary
The Strait of Hormuz has been closed for 100 days, yet oil prices have not risen significantly. President Donald Trump claimed a secret operation moved 100 million barrels of oil through the blockade, though this figure could not be verified.
President Donald Trump says a secret mission moved 100 million barrels of oil through the blocked Strait of Hormuz. That number is impossible to verify.
Politics Markets Commodities Energy Shipping Strait of Hormuz oil prices oil transport blockade Donald Trump energy security shipping