Washington, March 17 (SANA) – The White House said oil tankers have begun moving slowly again through the Strait of Hormuz, signaling a partial easing of disruptions after weeks of heightened tensions in the strategic waterway.
White House economic adviser Kevin Hassett, speaking to CNBC, said the renewed flow of tankers suggests that Iran’s ability to disrupt global shipping has weakened, adding that the U.S. economy has not suffered significant damage from the crisis so far.
“We are already seeing oil tankers moving through the strait,” Hassett said, describing the development as a positive sign amid volatility in global markets. He added that Washington remains optimistic the crisis could ease in the near term, although price fluctuations may continue in the weeks ahead as shipments reach refineries.
Hassett also noted concerns that some Asian countries may reduce exports of refined fuels to the United States in order to meet domestic demand, potentially affecting supply dynamics in global markets.
The White House expects the conflict with Iran to last weeks rather than months, he said, stressing that U.S. operations will continue until their objectives are achieved.
The Strait of Hormuz remains a critical artery for global energy flows, with around 20% of the world’s oil supply passing through it, making any disruption a major risk to international energy markets and global economic stability.
Kh.A
