Hormuz oil flow hits 22M barrels in day ...Iraq

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Around 60 commercialvessels transited the Strait of Hormuz on Wednesday, carrying about 22 millionbarrels of oil out of the waterway —the highest daily volume since early July,a US official told Reuters.

The Strait of Hormuzhas become a central issue in efforts to end the nearly seven-month US-Iranwar. Before the conflict began on February 28, about 125 large commercialvessels typically crossed the strait each day. The waterway carried roughly 20%of the world’s daily crude oil and liquefied natural gas supply.

Meanwhile, Bahrain’sForeign Minister Abdullatif bin Rashid Al Zayani read a joint statement at theUN on behalf of around 80 countries calling for the urgent reopening of theStrait of Hormuz and condemning Iran’s actions in the waterway.

Read more: Iran war spreads to Iraq and Red Sea as regional risks mount

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