U.S. SAYS HORMUZ OIL FLOWS ARE RECOVERING Energy Secretary Chris Wright says nearly 9 million barrels of oil a day are now moving through the Strait of Hormuz. Including pipelines, regional oil flows have reached roughly 15 million barrels daily, suggesting supply pressures from the Iran war may be easing. U.S. crude remains elevated near $83 a barrel, while the Strategic Petroleum Reserve has fallen below 300 million barrels.(*Walter Bloomberg)