U.S. Energy Secretary Chris Wright claimed that more than 17 million barrels of oil flowed through the Strait of Hormuz on Monday, exceeding pre-Iran conflict levels. According to Samir Madani, co-founder of TankerTrackers.com, these figures are misleading: in reality, only 9.14 million barrels exited the Arabian Sea on Monday, including all routes. Madani calls this calculation method ‘mathemagics,’ as it aggregates transfers spanning multiple days into a single day. This discrepancy explains why oil has remained above $95 per barrel.
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