A post by @DeItaone on X.
BESSENT: MID-20M BARRELS MADE IT THROUGH THE STRAIT RECENTLY : CNBC
@DeItaone on X
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Treasury Secretary Scott Bessent said roughly the mid-20 million barrels of oil recently transited the Strait of Hormuz, according to CNBC. The remark offers a fresh official read on flows through the world's most critical crude chokepoint, a route that normally carries about a fifth of global oil supply. The figure matters because Hormuz transit volumes are a key input for traders pricing supply risk and freight costs. Watch next for corroborating tanker-tracking data and any follow-up official estimates to see whether the mid-20 million barrel level reflects a sustained recovery or a one-off snapshot.
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Bessent, Strait, CNBC