Oil prices fall after Energy Secretary claims U.S. Navy escort of tanker in since-deleted tweet

[nitpicked]

https://www.cnbc.com/2026/03/10/crude-oil-prices-today-iran-war.html

Oil prices fell sharply Tuesday, after Secretary of Energy Chris Wright said in a social media post that the U.S. Navy had successfully escorted a tanker through the Strait of Hormuz.

But the post appeared to have been subsequently removed. CNBC has reached out to the Department of Energy and White House for comment.

U.S. crude oil fell about 15% to $80.26 per barrel. Brent crude, the global benchmark, was down 14.4% at $84.69. The declines came after oil briefly surged as high as almost $120 on Monday.

“The U.S. Navy successfully escorted an oil tanker through the Strait of Hormuz to ensure oil remains flowing to global markets,” Wright said in the post, which is no longer available to view.
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