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US Energy Sec Wright: In last 24 hours, 72 ships and 20 million barrels have transited through the Straight of Hormuz
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WRIGHT STATES THAT RESUMPTION OF NORMAL OIL FLOWS WILL BE DELAYED DUE TO IRANIAN MINES IN THE STRAIT OF HORMUZ. WRIGHT SAYS IRAN WILL NOT HAVE ABILITY TO BLOCK STRAIT OF HORMUZ GOING FORWARD U.S. ENERGY SECRETARY WRIGHT ANTICIPATES RAISING VENEZUELA'S OIL EXPORTS TO 2 MILLION BARRELS PER DAY UNDER THIS ADMINISTRATION.