And there we have it: *LEAVITT: US NAVY HAS NOT ESCORTED TANKER THROUGH HORMUZ
Shortly after the farce of Secretary Wright's deleted tweet on a US military-escorted tanker, CBS' Jim LaPorta reports thatU.S. intelligence assets have begun to see indications Iran is taking steps to deploy mines in Strait of Hormuz shipping lane.
LaPorta added thatIran is reportedly using smaller crafts that can carry 2 to 3 mines each.While Iran’s mine stock isn’t publicly known, estimates over the years have ranged from roughly 2,000 to 6,000 naval mines of Iranian, Chinese and Russian-made variants.
That sent oil prices dramatically higher...
Game-changer? A premature post by the White House?... since deleted... A Wright Mess Indeed!
Oil dropped on the huge headline that the United States Navy has escorted an oil tanker through the Strait of Hormuz, attributed to a tweet from US Energy Secretary Chris Wright:
US NAVY ESCORTED AN OIL TANKER THROUGH THE STRAIT OF HORMUZ
"President Trump is maintaining stability of global energy during the military operations against Iran.The U.S. Navy successfully escorted an oil tanker through the Strait of Hormuz to ensure oil remains flowing to global markets," Energy Secretary Chris Wright announced.
Sending crude prices tumbling...
But, moments later, Wright deleted his tweet...
Source: ZeroHedge News