US Naval Efforts Pay Off: Oil Shipments Through Strait of Hormuz Soar
Oil and LNG shipments through the Strait of Hormuz have reached a six-month high due to US naval protection efforts, according to Admiral Brad Cooper, head of US Central Command.
The strait's primary transit lanes are clear of mines, and Persian Gulf allies have shipped over 1 billion barrels of crude oil in the last two months.
Cooper said that momentum is building, with the volume of crude oil, cargo, and liquid natural gas higher than at any point in the past six months.
The increase comes as a result of US efforts to clear mines from the strait, along with cooperation from Persian Gulf allies, insurers, and shipping companies.