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  1. Easing hostilities in Lebanon, coupled with sanctions waivers and increased Venezuelan crude output, is reducing risk premiums and boosting oil supply through Hormuz.

Chris Wright noted that oil flows in the Strait of Hormuz have returned to previous levels.

6 reports, 4 independent Updated Aug 17
Gone quiet
Reports
6
Developments
2
Repetition
83%

New informationRepeats or wire copies

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What happened

Well supportedReported by 4 independent outlets

Chris Wright noted that oil flows in the Strait of Hormuz have returned to previous levels.

Who's involved

What this event is mainly about
Chris WrightHormuz

How it developed

Newest first. Tap a step to see who reported it.
  1. Attacks on vessels near Bab el-Mandab Strait on August 10th, coupled with a sharp increase in oil shipments from the Persian Gulf region.Sub-event
  2. Oil flows in Hormuz returned to levels, according to Chris Wright.1 source

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Part of

Easing hostilities in Lebanon, coupled with sanctions waivers and increased Venezuelan crude output, is reducing risk premiums and boosting oil supply through Hormuz. All 2 developments

The entities involved

Related events

Coverage

Newest first; wire copies grouped
1 more outlet ran the same wire story