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The Nexus
BUSINESSJun 12 · 19:42 UTCFORTUNEJordan Blum

U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim

U.S. Energy Secretary Chris Wright claimed 7 million barrels of oil daily are exiting the Persian Gulf due to U.S. military support, but Chevron CEO Mike Wirth disputed the figure, citing smaller volumes. The Strait of Hormuz remains partially operational amid the Iran war, with Saudi Arabia and the UAE diverting oil via pipelines, creating a 14 million-barrel-per-day gap in typical flows.

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Chris WrightpersonMike WirthpersonChevronorganizationU.S. Energy DepartmentorganizationPersian GulfplaceStrait of HormuzplaceSaudi ArabiaplaceUnited Arab EmiratesplaceIran wartopicoil flowstopic
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