US exporters ship record oil volumes as war disruption drives fuel prices higher
The investigation comes as the physical oil market is under strain. US oil exports surged to a record last week as buyers in Asia and Europe rushed to replace crude lost from the Middle East during the Iran war.
US crude shipments rose to 5.2 million barrels a day, up a little more than 1 million barrels a day from the prior week, based on government data published Wednesday. The US also exported about 7.5 million barrels of refined products, including gasoline and fuel oils, as foreign buyers searched for other suppliers during shortages.#OilPrice #war #trump #CryptoNewss
