US Energy Secretary: Strait of Hormuz to Be Reopened by This Summer at the Latest
Svmuu reported that, according to The Hill in the United States, U.S. Energy Secretary Chris Wright stated on Friday local time that the Strait of Hormuz will "be reopened sometime by this summer at the latest." Wright said the U.S. "continues to expand American natural gas exports," adding that despite the loss of 10 billion cubic feet of natural gas transport capacity per day due to the closure of the Strait of Hormuz, the U.S. is still adding 2.5 billion cubic feet of natural gas export capacity daily. "Shipping through the Strait of Hormuz will resume as soon as possible, but by this summer at the latest," Wright stated, subsequently adding that a related agreement could be reached as early as "within the next few days." Wright said that if Iran "continues to hold the global economy hostage," the U.S. military will "forcibly reopen the Strait of Hormuz, but this is not an easy thing to do," and "we have taken preliminary steps, but the better way is to reach an agreement rather than resorting to military force." (Jin Shi)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
OneKey founder Yishi warns: Some older iPhone models have unfixable chip vulnerabilities, endangering seed phrase storage security.
-
2
XRP Long/Short Critical Point: The Battle to Defend the $1.30 Support and the Resurgence of ETF Expectations
-
3
A List of Major Global Bitcoin Exchanges
-
4
Quant Network (QNT) Token Analysis: Interoperability, Applications, and Market Outlook
-
5
Pakistan refineries report 1,860% profit surge for Q3
-
6
CAKE Token: Initial Price and Current RMB Value Analysis
-
7
Wrapped Cardano (WADA) Token Analysis: Value, Interoperability, and Investment Considerations
-
8
Quant hedge fund Xantium to spin out of Tudor next year in a record $9bn launch
-
9
OKX USDT Perpetual Contract Index Price Calculation Rules Explained
-
10
CME Launches 24/7 Crypto Futures Trading: Market Impact and Mechanism Analysis
Markets Today
Recommended Reading






