US military created secret path through Hormuz, 10 million barrels of oil pass daily - report

The US military has established a covert shipping corridor through the Strait of Hormuz, transporting approximately 10 million barrels of oil daily, roughly half the pre-war volume, according to a report by Axios. President Trump confirmed the strait is open and that oil prices have dropped to $84-$85 per barrel. The operation uses a southern channel off Oman, with 15-20 tankers safely transiting over weeks. Shipping data shows volatile traffic amid ongoing fears of attacks, with some vessels possibly passing with transponders off.

The US military is conducting a covert operation to transport oil through the Strait of Hormuz, according to sources who spoke to Axios. The operation has established a shipping corridor along a southern channel off the coast of Oman, through which 15 to 20 tankers have safely transited over several weeks. Approximately 10 million barrels of oil per day are being moved through the strait into global markets, about half the volume seen before the conflict. President Donald Trump confirmed to reporters that the strait is open and that oil prices have dropped to $84-$85 per barrel, down from earlier fears of $350. Trump also noted that alternative pipelines are reducing the strait's strategic importance. Shipping data shows traffic remains volatile, with six commodity vessels crossing on Tuesday, down from nine the previous day, amid ongoing fears of ships being targeted. Some vessels may be passing with transponders switched off, potentially undercounting actual traffic.