
The U.S. government said it has not escorted any oil tankers through the Strait of Hormuz, contradicting a since-deleted social media post by Energy Secretary Chris Wright. That deleted post also sparked fresh crude-market volatility for a second session, underscoring how conflicting public messages are adding to market instability. The clarification matters because commercial transits remain largely halted amid reports of mine-laying and Iran-linked movements, complicating reinsurance efforts and attempts to calm fuel-price pressures.
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