Energy Secretary Chris Wright says oil flows through Hormuz are averaging nearly 13 million barrels a day
Question
Energy Secretary Chris Wright says oil flows through Hormuz are averaging nearly 13 million barrels a day
Direct answer
The reported flow rate tempers the immediate physical-supply shock and creates two-sided crude risk: current throughput limits scarcity, while the unresolved security situation preserves an interruption premium.
- Original publisher
- Market Ontology
- Evidence through
- 2026-09-27
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Energy Secretary Chris Wright says oil flows through Hormuz are averaging nearly 13 million barrels a day”, revision 1, evidence through 2026-09-27. https://marketontology.com/market-events/2026-09-27/energy-secretary-chris-wright-says-oil-flows-through-hormuz-are-averaging-nearly-ef4bcb
How this development reaches the affected companies
| Asset | Exposure and channel | Direction | Evidence |
|---|---|---|---|
| BZ=F | High current flows reduce immediate scarcity pressure, but continuing military and shipping threats preserve disruption risk. | Mixed1-5d | The Energy Secretary reported nearly 13 million barrels per day through Hormuz while Iranian officials continued warning shipping and US forces. |
| USO | The same flow data limits an immediate supply squeeze but leaves the fund exposed to renewed disruption headlines. | Mixed1-5d | Reported shipments exceeded pre-conflict levels on at least one day even as the route remained politically contested. |
| ZIM | Evidence of continued substantial oil flows reduces the immediate case for a broad Gulf shipping shutdown premium. | Down1-5d | Wright said Hormuz flows were averaging nearly 13 million barrels per day. |
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What happened next
| Asset | Call | Base close | +1 day | +5 days | +20 days |
|---|---|---|---|---|---|
| USO | Mixed | 148.33 2026-09-25 | +1.13% | -0.65% | Pending |
| ZIM | Downdisagreed | 29.19 2026-09-25 | -2.74% | +1.51% | Pending |
Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.
Sources
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