White House's Deleted Hormuz Post Ignites Oil Market Frenzy: Was It An Intern's Error?

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White House Blames Intern for Deleted Strait of Hormuz Post, Oil Markets Frenzy

Roughly one-fifth of global oil shipments pass through the Strait of Hormuz---a narrow channel connecting the Persian Gulf to the Gulf of Oman and the wider Indian Ocean. (Getty)

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News18•11-03-2026, 10:12

White House Blames Intern for Deleted Strait of Hormuz Post, Oil Markets Frenzy

•White House attributed a deleted social media post about a US Navy escort in the Strait of Hormuz to an intern.
•The false claim by Energy Secretary Chris Wright briefly caused global oil prices to drop sharply.
•Automated trading systems, reacting to keywords, triggered rapid market swings before the claim was debunked.
•Iran's Parliament Speaker Mohammad Bagher Ghalibaf mocked the US, using the incident for propaganda.
•The Strait of Hormuz, vital for 20% of global oil supplies, makes such misinformation highly impactful on markets.

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