The Lower Eastern Times Opening The Third Eye
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In a post on the Truth Social media platform on Monday night, President Donald Trump said the Iranian leadership had “forced hundreds of ships” toward oil-rich US states, such as Texas, Louisiana, and Alaska.
Although it is not clear what type of ships he was referring to, shipping and trade analysts tell BBC Verify that Iran’s move to close the Strait of Hormuz has led to an increase in demand for crude oil in the United States.
The move is a major obstacle to Gulf oil exports, but shipments have been further disrupted since the start of the US-Israeli war against Iran on February 28.
Unable to obtain crude oil from the Middle East through that port, importers have been forced to look for alternative suppliers.
Data from shipping tracking company Kpler shows that 71 oil tankers known as Very Large Crude Carriers (VLCCs) are heading to the United States to pick up cargo, compared to an average of 27 ships per day during the past year.
By: BBC
