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2026-10-08 Syria-Lebanon-Iran

Rubio: Oil supplies through the Strait of Hormuz are close to pre-conflict levels

Direct Translation via Google Translate. Edited
[Regnum] Oil supply volumes through the Strait of Hormuz have virtually returned to pre-US-Iran conflict levels. US Secretary of State Marco Rubio announced this on October 7 at a joint press conference with Greek Foreign Minister Giorgos Gerapetritis following a meeting in Athens.

"There's almost as much oil flowing through the strait now as there was before the conflict," Rubio said.

He also added that recent events surrounding Iran have demonstrated the need to diversify energy supply routes. Dependence on a single source provides leverage to individual countries, the Secretary of State noted.

On September 27, US President Donald Trump announced that a record volume of oil, exceeding pre-conflict levels with Iran, had been transported through the Strait of Hormuz the previous night. However, the White House chief did not specify the quantity transported.

That same day, the Iranian news agency Fars, run by the Islamic Revolutionary Guard Corps (IRGC), reported that the Iranian Armed Forces had struck 19 merchant ships attempting to illegally transit the Strait of Hormuz. Seven vessels were hit on the night of September 27, and another 12 the night before.

They were? Are you sure?

The agency did not specify which ships were attacked or which countries they belonged to. The agency noted that the American leader's claims that his forces have complete control over shipping in the Strait of Hormuz are false.

International Chamber of Commerce Secretary General John Denton said on October 5 that restrictions on shipping in the Strait of Hormuz threaten a global food crisis.

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Posted by badanov 2026-10-08 00:00|| E-Mail|| Front Page|| ||Comments [95 views ] Top
File under: Govt of Iran

1 Rubio Calls on the West to Stop Apologizing for Its Greatness and Start Defending It

Posted by Grom the Reflective 2026-10-08 01:31|| 2026-10-08 01:31|| Front Page || Comments Top

2

How much closer to does oil supply levels have to get, to see near pre-WAR pumps prices?

Because as we all have seen, the oil industry instantly increases pump prices weeks before the 1st drop of a reduced oil supply price fix, actually reaches a USA a gas pump.

BTW: Using the current official US Gov. data, shows the USA exports more than it imports?

Posted by NN2N1 2026-10-08 04:21|| 2026-10-08 04:21|| Front Page || Comments Top

3 ^ oil is a commodity whose price is established by a world market, the USA's oil production strength is good for the balance of trade but by itself does not control the market

^ the oil industry as a whole doesn't set retail prices; although the majors do set prices that they charge regional distributers, etc., that is done by the 150k gas service stations and the equivalent in suppliers of heating oil, etc.

^that's pretty much how other commodities work although most are more 'local' because products, like for example, eggs, are more difficult to transport than oil

Posted by Lord Garth 2026-10-08 10:15|| 2026-10-08 10:15|| Front Page || Comments Top

4 In my 20 mile range circle, diesel varies by $.50.
[$5.45-5.99] Buyers clubs and discount brands might be $.25 less.

Posted by Skidmark 2026-10-08 10:54|| 2026-10-08 10:54|| Front Page || Comments Top

5 Oil is moving but daily rates for tankers to run Iran's "blockade" are still $1,000,000/day.

Posted by Difar Dave 2026-10-08 11:11|| 2026-10-08 11:11|| Front Page || Comments Top

6 We're being gouged,tell it like it is. Don't wanna here no shit about commodities and I don't give a fuck what Europe has to pay for fuel.

Posted by chris 2026-10-08 12:32|| 2026-10-08 12:32|| Front Page || Comments Top

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