Published: Mar 11, 2026, 07:30 IST | Updated: Mar 11, 2026, 07:30 IST
Confusion erupted in Washington after Chris Wright claimed that the United States Navy had escorted an oil tanker through the Strait of Hormuz, one of the world’s most critical energy chokepoints. The statement briefly calmed markets, with oil prices reportedly falling around 15% after the announcement suggested that shipping routes remained secure.
However, the White House quickly distanced itself from the claim, rejecting the assertion and triggering questions about what actually happened in the volatile waterway.