US energy chief says 'increasing supplies' coming out of Hormuz

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US Energy Secretary Christ Wright claims that increasing supplies are exiting the Strait of Hormuz.

“We’ve got increasing supplies coming out of the Strait of Hormuz, and they’ve continued to rise over the last months, over the last recent weeks,“ he tells CBS programme ‘Face the Nation’.

Asked if fuel prices will go down within the next four weeks, Wright replies in the affirmative.

“Diesel prices have been going down, gasoline prices have been going down. I expect that to continue,” he says.

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