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National News

The Economic Times

National / The Economic Times

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US military moves 15 million barrels through Hormuz amid standoff with Iran

Over fifteen million barrels of oil moved through the Strait of Hormuz with US military assistance. Total shipments leaving the region, including pipeline volumes, neared twenty million barrels. Diplomatic efforts to resolve the confrontation between Washington and Tehran remain stalled. Oil markets remain on edge due to concerns about sustained flows and potential escalation. The key question is whether these flows can continue without ongoing military intervention.

22 Aug 2026 9:55 am