Have Middle East Oil Flows Rebounded to 15 Million Bpd as U.S. Claims?

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U.S. Energy Secretary Chris Wright this week said that the oil exports from the Middle East have rebounded to 15 million barrels per day (bpd) and even topped the pre-war average of 20 million bpd on Sunday.   Vessel-tracking services and commodity analysts are baffled and struggling to reconcile these numbers with their observations of tanker loadings and traffic in the region. Ship-tracking data shows oil flows out of the Strait of Hormuz are, at best, half the volume cited by Secretary Wright. Of all oil exports out of the Middle East,…