US Secretary of Energy: Even without an agreement with Iran, America will guarantee the flow of oil through the Strait of Hormuz news

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US Secretary of Energy Chris White confirmed that the return of global oil flows to normal has faced a delay due to sea mines planted by Iran in the Strait of Hormuz, stressing that Tehran will no longer be able to close the strait to international shipping traffic.

In a blog post on his official account, the US Secretary of Energy confirmed that 72 ships and 20 million barrels of oil crossed the Strait of Hormuz during the past 24 hours.

The Minister noted that energy flows had fully returned to pre-conflict levels, and also thanked President Donald Trump and the US Army for this achievement.

Managing the Venezuela file

Regarding the internal petroleum reserve of the United States, White confirmed the success of the strategic petroleum reserve management plan, and explained that the ministry benefited from price fluctuations by recovering the equivalent of 1.8 barrels for every barrel that was released.

The minister added that this process provided additional quantities ranging between 35 and 40 million barrels without burdening taxpayers with additional costs, announcing that the oil reserves that were released will be restored at the beginning of next year with the aim of raising the total strategic petroleum reserve to 500 million barrels.

Regarding the energy sector in Latin America, the minister stressed that the United States still controls the flow of oil and money coming from Venezuela, noting that Delcy Rodriguez currently holds the presidency of Venezuela, and that Washington has pressure cards in this file and is moving within a framework that guarantees the stability of global supply.

Renewable energy efficiency assessment

The US Secretary of Energy addressed the issue of transition towards renewable energy, explaining that this term often carries a marketing tone, given that the construction of alternative energy facilities depends on traditional industries that include steel, cement, and building materials that consume quantities of fossil fuels to produce.

The minister cited the field conditions that New England County witnessed during the storm that struck the region on January 27, as the contribution of renewable energy sources decreased to reach only 2% of the population’s electrical need at peak time, forcing the authorities to rely 50% on burning waste and wood and operating traditional backup generators to save the network from interruption.

He stressed that sound thinking in the electricity sector requires focusing on securing supplies at peak times to ensure the reliability of the network, which is what pushes Washington towards enhancing reliance on nuclear power plants and natural gas plants to produce stable energy at the lowest cost.



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