Trump says more oil transits Hormuz than before the war as WSJ flags diesel gap
In short
US President Donald Trump said more oil is now being transported through the Strait of Hormuz than before the war, with millions of barrels of energy carriers moved through it in a couple of days, TASS reported. RBC, citing The Wall Street Journal, reported that crude oil is again passing through the strait but that the world needs diesel, and that the Trump administration is studying all options to contain diesel price growth.
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US President Donald Trump said that more oil is now being transported through the Strait of Hormuz than before the war, and that millions of barrels of energy carriers were moved through the strait in a couple of days, TASS reported, citing the US president. RIA Novosti also reported that Trump spoke about oil transit figures through the Strait of Hormuz. [ 1 , 2 ]
RBC, citing The Wall Street Journal, reported that crude oil is again passing through the Strait of Hormuz, but that the world needs diesel fuel. According to RBC's summary of the WSJ report, the Trump administration is studying all possible options to contain the rise in diesel prices, which affects the cost of other goods. The documents do not specify which war is being referred to, nor what options the administration is considering. [ 3 ]
Why it matters
Oil flows through the Strait of Hormuz are a benchmark for global crude supply, so Trump's reported transit figures point to a recovery in shipments after a war that the documents do not name. RBC's account adds that the fuel moving is crude rather than the diesel the world needs, and that Washington is weighing measures on diesel prices that feed into the cost of other goods.
Key facts
- Trump said more oil is now being transported through the Strait of Hormuz than before the war, according to TASS [ 2 ]
- Trump said millions of barrels of energy carriers were transported through the strait in a couple of days, according to TASS [ 2 ]
- RIA Novosti reported that Trump spoke about oil transit figures through the Strait of Hormuz [ 1 ]
- WSJ, cited by RBC, reported that crude oil is again passing through the strait but that the world needs diesel fuel [ 3 ]
- The Trump administration is examining all possible options to contain diesel price growth, according to RBC [ 3 ]
- Diesel prices affect the cost of other goods, RBC's summary said [ 3 ]
Confirmed by several sources
- US President Donald Trump commented on oil transit through the Strait of Hormuz, as reported by two Russian state outlets [ 1 , 2 ]
- Trump said more oil is now being transported through the strait than before the war, TASS reported [ 2 ]
- Trump said millions of barrels of energy carriers were moved through the strait in a couple of days, TASS reported [ 2 ]
Still unclear
- Which war the documents refer to when they say “before the war” Neither RIA Novosti nor TASS names the conflict
- The size of the diesel supply gap and how much diesel is needed This rests on RBC's summary of a Wall Street Journal report, which gives no figures
- What specific options the Trump administration is considering to contain diesel prices RBC says the administration is studying “all possible options” without listing any
What local media are saying
Timeline, local time
- RIA Novosti publishes a report that Trump spoke about oil transit figures through the Strait of Hormuz [ 1 ]
- TASS reports Trump saying more oil is now moving through the strait than before the war, with millions of barrels transported in a couple of days [ 2 ]
- RBC reports, citing WSJ, that crude oil is again passing through the strait but the world needs diesel, and that the Trump administration is studying options on diesel prices [ 3 ]