Skepticism Grows Over Trump-Linked Claim of Secret Hormuz Oil Corridor

1 min read
Source: Daily Kos
Skepticism Grows Over Trump-Linked Claim of Secret Hormuz Oil Corridor
Photo: Daily Kos
TL;DR Summary

The article cites Axios reporting that the Trump administration allegedly leaked a claim of a secret Strait of Hormuz oil corridor moving about 10 million barrels per day (15–20 tankers daily) to ease supply disruptions, a figure industry trackers doubt. Analysts say the numbers are unlikely and warn the claim could be an attempt to manipulate oil prices, as oil and gas prices rise and political pressures on Trump intensify. The piece also notes a pattern of timing market moves around Axios reports about peace deals that did not materialize.

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