Hormuz Gridlock: Iran claims shutdown as oil keeps moving under pressure
Iran says the Strait of Hormuz is shut, but U.S. officials say roughly 9 million barrels per day are still exiting the Gulf through Hormuz, with another 4–7 million via pipelines, totaling about 15 million bpd in global flows—well below the pre-war 20 million bpd. The figures are disputed, as