Bessent says Persian Gulf oil exports have surpassed pre-conflict levels even as Iran's IRGC claims two supertankers hit a mine near Hormuz carrying 4.5M barrels combined. Two opposite reads on the sa

What happened: US Treasury Secretary Bessent said in a post on X that oil exports from the Persian Gulf have surpassed pre-conflict levels despite Iran's efforts to disrupt energy shipments. Key numbers: IRIB, citing IRGC Navy Public Relations, reported two supertankers carrying more than 4.5 million barrels of crude struck Why it matters: The competing claims come as US Ambassador to Turkiye Tom Barrack said a US strike on Iran could take place this weekend, while Trump warned of another strike if no deal is reached. Analysts expect a spike in the conflict as both sides harden positions.

US Treasury Secretary Bessent said in a post on X that oil exports from the Persian Gulf have surpassed pre-conflict levels despite Iran's efforts to disrupt energy shipments.

The competing claims come as US Ambassador to Turkiye Tom Barrack said a US strike on Iran could take place this weekend, while Trump warned of another strike if no deal is reached. Analysts expect a spike in the conflict as both sides harden positions.