By The Epoch Times | Created at 2026-06-12 17:55:19 | Updated at 2026-06-12 19:33:45
1 hour ago
An oil tanker navigating the sea on Qeshm Island, Iran, in the Strait of Hormuz, on April 28, 2026. Asghar Besharati/Getty Images
The U.S. military is helping move more than 7 million barrels of oil per day out of the Persian Gulf amid tensions with Iran and as the standstill in shipping traffic through the Strait of Hormuz continues, U.S. Energy Secretary Chris Wright said on Friday.
Wright said during a Bloomberg News interview that Iran’s only leverage in negotiations is “to interrupt the flow of energy out of the Persian Gulf” during hostilities with the United States.
