US Oil Production Hits Record High Amid Middle East Tensions
US oil and gas production has reached record levels, surpassing all previous highs, according to US Energy Secretary Chris Wright. In a post on his X platform, he announced that the United States is now the world's largest producer of oil and natural gas. This achievement comes as the country intensifies efforts to secure safe passage for shipping through the Strait of Hormuz.
The US Energy Secretary stated that President Donald Trump's agenda aims to build on this success by boosting the economy and reducing costs. The statement comes amid high gasoline prices, which remain a concern following the US-Israeli war on Iran.