U.S. Navy Moves 5 Million Barrels a Day Through Hormuz as Iran Attacks Tankers
Updated
Updated · The New York Times · Aug 19
U.S. Navy Moves 5 Million Barrels a Day Through Hormuz as Iran Attacks Tankers
3 articles · Updated · The New York Times · Aug 19
Summary
Around 5 million barrels of oil a day moved out of the Persian Gulf in July on U.S.-protected routes through the Strait of Hormuz, restoring part of the flow disrupted by Iran’s attacks.
The U.S. military has quietly shepherded tankers since May through the strait’s southern corridor near Oman, where ships can avoid the side of the waterway Iran effectively controls.
Before the war, about 15 million barrels of crude a day transited Hormuz, but only a small number of tankers initially risked the passage as attacks sharply cut supplies to world markets.
Analysts called the operation a surprising success in keeping that corridor open, though it requires significant U.S. military resources to move a still-limited share of prewar volumes.