U.S. Clears Hormuz Mines, Boosts Oil Flow Under Blockade

Global oil markets face continued pressure from restricted flows through the Strait of Hormuz, where U.S. forces report clearing Iranian-laid mines and guiding tankers past threats. The waterway carries a significant share of world crude, and any sustained reopening affects prices that spiked earlier in the conflict. CENTCOM commander Adm. Brad Cooper stated that international shipping lanes are now free of mines after operations involving Navy divers, SEALs, airpower and drones, with more than 200 mine-like objects removed and 11 confirmed as actual mines. U.S. officials described nightly transits of 20 to 30 tankers carrying 9 to 10 million barrels through a southern channel, roughly half pre-war volume, while turning away 75 vessels and disabling three others attempting to breach the blockade on Iranian ports. Treasury Secretary Scott Bessent reported 130 million barrels moved in the past two weeks under Operation Economic Outcast. Axios cited anonymous U.S. officials saying only 2 percent of recent transits were hit and that Iran’s response has been limited. Oil experts and tanker trackers questioned whether the reported volumes match independent data, noting periodic strikes on vessels and incomplete clearance. Diplomatic efforts involving Qatar, Oman and Pakistan continue without agreement, as both sides maintain competing demands. Pre-war Brent crude traded near $72 a barrel before rising above $126 during peak disruptions.