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Signal · Supply Chain & Logistics

US says more oil is leaving Middle East. Is it really?

The Economic Times - Industry Trade press Published 13th August 2026 India

Open original report economictimes.indiatimes.com

What the source reported

Source-reported

US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, report volumes closer to half this amount. Total Middle East crude exports remain below pre-conflict levels, according to tracking data.

Publication
The Economic Times - Industry · Trade Publication
Published
13th August 2026
Original report
economictimes.indiatimes.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived
Category
Supply Chain & Logistics
Geography
India
Organisations
None identified
Collected
13th August 2026 · 08:06

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 2 · Moderate
Confidence 2 · Low

Initial Significance Moderate (29.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (25.5/100, data sufficiency: Insufficient). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Specificity (0.0/20 points).

Strongest contributor
Procurement Impact
Limiting factor
Likely Event Severity