Rubio Says Oil Flows Through Strait of Hormuz Are Near Prewar Levels
JH Kim
Summary
- U.S. Secretary of State Marco Rubio said oil volumes passing through the Strait of Hormuz are close to prewar levels.
- Rubio said the status of oil shipments through the Strait of Hormuz is nearly back to prewar levels.
- Rubio said he did not provide detailed figures such as oil transit volumes or the recovery rate compared with prewar levels.
Forecast Trend Report by Period
U.S. Secretary of State Marco Rubio said oil volumes passing through the Strait of Hormuz are close to prewar levels.
Walter Bloomberg reported on October 20 that Rubio, commenting on crude shipments through the waterway, said "the amount of oil going through the Strait of Hormuz is almost the same as it was before the war."
Rubio did not provide detailed figures, including the volume of oil transiting the strait or the recovery rate relative to prewar levels.
JH Kim
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