U.S. Says Naval Escorts End Iran's Ability to Close Strait of Hormuz for 19 Million Barrels
Updated
Updated · CNBC · Jun 24
U.S. Says Naval Escorts End Iran's Ability to Close Strait of Hormuz for 19 Million Barrels
3 articles · Updated · CNBC · Jun 24
Summary
Chris Wright said U.S. naval escorts through Oman's territorial waters have stripped Iran of its ability to shut the Strait of Hormuz, after Tehran again declared it closed over the weekend.
Nineteen million barrels of oil on 72 ships moved through the strait in the past 24 hours, Wright said, showing traffic can keep flowing under U.S. protection despite earlier attacks on commercial shipping.
Kpler has confirmed about 4.8 million barrels per day exiting Hormuz since Washington and Tehran agreed last week to reopen the sea lane, while the U.S. says it could restore a naval blockade if Iran fails to meet demands.
Hormuz carried about 20% of global oil supply before the war, and attacks that began after the Feb. 28 U.S.-Israeli strikes triggered what the report called the biggest oil supply disruption in history.
With the US claiming victory and Iran insisting on control, is the Strait of Hormuz truly open for business?
This 60-day truce averted an energy crisis, but what happens to the global economy when the clock runs out?
The US and Iran struck a deal, but with key ally Israel left out, has this pact actually prevented a wider war?
The 2026 Strait of Hormuz Crisis: Ceasefire, Global Energy Shock, and the Future of Maritime Security
Overview
As of June 25, 2026, the Strait of Hormuz is reopening after being closed by Iran since February 28, following a significant ceasefire agreement between the United States and Iran. This closure had caused global fuel prices to surge, highlighting the Strait’s importance for world energy flows. The new agreement aims to extend the ceasefire, reopen the Strait, and set the stage for further diplomatic talks. Oil shipments are resuming, but Iran has warned it will closely monitor US compliance with the deal. This development marks a crucial step toward restoring stability in global energy markets and regional security.