U.S. Central Command says American forces have assisted Persian Gulf producers in exporting over 1.5 billion barrels of oil through the Strait of Hormuz since the war with Iran began. Admiral Brad Cooper presented the figures during an October 25 visit to the waterway, according to Oilprice.com. CENTCOM also reported supporting the passage of over 3,000 commercial vessels across a six-month period.
Cooper reiterated U.S. cooperation with Gulf partners and commercial shipping operators to maintain navigation through the strait. The command said its forces had removed Iranian naval mines from international shipping lanes and reported that 95% of vessel transits in recent months occurred without incident.
Tanker-tracking services cited by the publication indicated that regional oil flows had increased over the preceding two months. Some estimates placed Hormuz shipments above prewar volumes when Iranian exports were excluded. Regional security conditions and record shipping costs continued to affect oil prices. During Asian trading on October 26, Brent remained above $115 per barrel, while West Texas Intermediate held above $100.
Source: Oilprice.com
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