20M barrels of oil just exited the Strait of Hormuz, says US official (opens original article in a new tab)

U.S. official reported 20 million barrels of oil exited the Strait of Hormuz in 24 hours as oil shipments resume following an Iran-U.S. agreement. Benchmark oil prices dropped over $3 amid easing supply concerns.

• 20 million barrels of oil exited the Strait of Hormuz in 24 hours
• U.S. Energy Secretary Chris Wright confirmed oil shipments through the strait
• Benchmark oil prices fell over $3 as supply concerns eased