Energy Secretary Chris Wright says the volume of oil moving through the Strait of Hormuz is increasing and will “continue to rise” as the U.S. and Iran work to end a conflict that has lasted more than 100 days. Speaking Tuesday at an Atlantic Council event, Wright described traffic through the strait—a major global oil shipping chokepoint—as “rising very meaningfully.” He also characterized the increase in oil exports moving out of the region as an accurate description, suggesting continued upward pressure on shipping volumes.

The comments come as negotiations between the U.S. and Iran are ongoing, with both outlets linking Wright’s assessment to efforts to resolve the broader standoff. While the reports do not provide specific figures, they agree on the central point: Wright projects that oil flows through the Strait of Hormuz are increasing now and are expected to keep rising in the near term.