U.S. Fuel Exports Hit Record High as Hormuz Crisis Reshapes Global Energy Flows U.S. oil product exports surged to a record 8.2 million barrels per day last week, according to Bloomberg reporting. Diesel exports led the increase and reached an all-time high, the report stated. The surge comes as countries seek to replace fuel supplies disrupted by the Strait of Hormuz crisis. [1] [2] The record export volumes include refined products such as diesel, jet fuel and gasoline, as global buyers compete for cargoes that previously originated in the Persian Gulf. The U.S. has become the balancing supplier for global…
Newswire
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