Fact-check · Sep 2, 2026 · Donald Trump
“Millions of barrels of oil”
TRUE
What the record shows
EIA reports 4.9 million barrels/day transited Strait of Hormuz in Q2 2026; U.S. officials claim 9-10 million barrels/day; independent trackers estimate 5-7 million barrels/day.
Sources
- Oil prices surge to $100 per barrel after Red Sea attacks
- US oil reserve hits 44-year-low amid Iran war, global energy shortage ...
- Iran claims attacks on Bahrain, Jordan, Iraq after US strikes kill ...
- A timeline of how the Iran war shook oil prices — and what comes ...
- U.S. strikes Iran oil tankers for first time in retaliation for ...
- More about this topic
From: President Trump Meets with U.S. Travel Executives
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