U.S. energy chief says oil exports through Strait of Hormuz, Gulf will ‘continue to rise’

Bloomberg06-10

WASHINGTON -- U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2642017491?lang=en_US&edition=fundamental","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/QCRAS2JDEEG75YLNXJDR7NGDPI.jpg?smart=true&auth=45020f2453b466316ca664447507d29b3bbe4867020448825995d638f3852bad&width=500&height=333","is_english":true,"pubTime":"2026-06-10 00:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2642017491","market":"us","top_or_hot":-1,"title":"U.S. energy chief says oil exports through Strait of Hormuz, Gulf will ‘continue to rise’","media":"Bloomberg","content":"<div>\n<p>WASHINGTON -- U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/markets/oil/2026/06/09/us-energy-chief-says-oil-exports-through-strait-of-hormuz-gulf-will-continue-to-rise/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. energy chief says oil exports through Strait of Hormuz, Gulf will ‘continue to rise’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. energy chief says oil exports through Strait of Hormuz, Gulf will ‘continue to rise’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-10 00:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/markets/oil/2026/06/09/us-energy-chief-says-oil-exports-through-strait-of-hormuz-gulf-will-continue-to-rise/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON -- U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/markets/oil/2026/06/09/us-energy-chief-says-oil-exports-through-strait-of-hormuz-gulf-will-continue-to-rise/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DBO","symbol_name":"原油ETF-PowerShares","start_time":0,"source_url":"https://www.bnnbloomberg.ca/markets/oil/2026/06/09/us-energy-chief-says-oil-exports-through-strait-of-hormuz-gulf-will-continue-to-rise/","article_id":"2642017491","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/QCRAS2JDEEG75YLNXJDR7NGDPI.jpg?smart=true&auth=45020f2453b466316ca664447507d29b3bbe4867020448825995d638f3852bad&width=500&height=333"],"rights":{"source":"bnn_bloomberg_highlight","url":"https://www.bnnbloomberg.ca/markets/oil/2026/06/09/us-energy-chief-says-oil-exports-through-strait-of-hormuz-gulf-will-continue-to-rise/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2642017491","pubTimestamp":1781020920,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a deal on ending their more than three-month-old war.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"DBO":"原油ETF-PowerShares","ERX":"二倍做多能源ETF-Direxion","DBC":"商品指数ETF-PowerShares DB","PXE":"Invesco Energy Exploration & Production ETF","OILK":"ProShares K-1 Free Crude Oil ETF","BK4588":"碎股","DBE":"能源商品ETF-PowerShares","XES":"SPDR S&P Oil & Gas Equipment & Services ETF","OILT":"Texas Oil Index ETF","IXC":"全球能源业ETF-iShares","IEO":"iShares Dow Jones U.S. Oil & Gas","OILU":"MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN","XLE":"SPDR能源指数ETF","WTIU":"MICROSECTORS ENERGY 3X LEVERAGED ETN","SCO":"二倍做空彭博原油指数ETF","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","BWET":"BREAKWAVE TANKER SHIPPING ETF","PXJ":"Invesco Oil & Gas Services ETF","XOP":"油气开采指数ETF-SPDR S&P","BNO":"美国布伦特原油基金有限合伙企业","VDE":"Vanguard Energy ETF","BK4570":"地缘局势概念股","DIG":"二倍做多美国油气指数","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","DRLL":"Strive U.S. Energy ETF","BK4585":"ETF&股票定投概念","OIH":"石油服务ETF","UGA":"United States Gasoline Fund LP","USO":"美国原油ETF","USE":"USCF Energy Commodity Strategy Absolute Return Fund","UCO":"二倍做多彭博原油ETF","USL":"United States 12 Month Oil Fund LP","FTXN":"First Trust Nasdaq Oil & Gas ETF","USOI":"ETRACS Crude Oil Shares Covered Call ETN","DUG":"二倍做空石油与天然气ETF(ProShares)"},"translate_title":"美国能源负责人表示，通过霍尔木兹海峡和海湾的石油出口将“继续增加”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GUSH":1.5,"DRLL":1.5,"USOI":1.5,"IXC":1.5,"DUG":1.5,"XOP":1.5,"PXJ":1.5,"USE":1.5,"XLE":1.5,"BWET":1.5,"UGA":1.5,"WTIU":1.5,"DBO":1.5,"OIH":1.5,"USL":1.5,"FTXN":1.5,"IEO":1.5,"DBC":1.5,"DBE":1.5,"XES":1.5,"DIG":1.5,"PXE":1.5,"SCO":0.6,"VDE":1.5,"UCO":0.6,"BNO":1.5,"OILT":1.5,"OILK":1.5,"OILU":1.5,"ERX":1.5,"USO":1.5,"DRIP":1.5},"content_text":"WASHINGTON -- U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a deal on ending their more than three-month-old war.“I would say rising very meaningfully,” Wright said when asked how ship traffic is flowing through the strait compared to a week or two ago. He said oil exports through the strait and the Gulf have risen and “will continue to rise.”Wright made the remarks during an Atlantic Council conference and added that it would take many months to get back to normal flows of energy and critical materials such as sulfur, helium and lubricants once lasting peace is reached.Stay on top of your portfolio with real-time data, historical charts and the latest news on oilVessel movements on the Strait have been largely blocked since U.S. and Israeli strikes on Iran in late February, interrupting around 20 per cent of global oil and liquefied natural gas supplies. But some vessels have since begun transiting the narrow waterway bordering Iran, often with transponders turned off and under cover of darkness.Disruptions to normal flows have triggered a surge in global energy prices, upending economies around the world and creating a political vulnerability for U.S. President Donald Trump and his Republican party ahead of midterm elections in November.Washington has been pressing for a peace deal with Tehran that would include a full reopening of the Strait.Global Brent oil prices fell more than three per cent on Tuesday to US$91.34 a barrel after Iran and Israel halted strikes on each other, following an appeal from Trump, though both sides warned they could resume hostilities.Wright said oil has not risen more during the war in part because global inventories, especially in China, were “more than we thought.” He said China’s oil imports fell about 4 million barrels per day in May as the country drew down inventories but said that change does not represent price-driven demand destruction.(Reporting by Timothy Gardner; Editing by Mark Porter, Alexandra Hudson and Sanjeev Miglani)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642017491","isCrawlerRequest":true}