US fuel exports hit record in boon for oil companies and threat to Trump
Hormuz closure prompts surge in buying from Asia and Europe
Related reading
US faced with few good options to tamp down surging oil prices
Experts say reopening Strait of Hormuz remains most viable option as ideas such as influencing futures market fade
The other Strait of Hormuz shock
Disruption to commodities far beyond oil and gas will have a long-lasting impact
US oil exports to hit record as Iran war triggers race for supplies
‘Armada’ of Asian tankers heads for American ports as energy shortages spread
US crude exports hit record as Iran war disrupts Middle East supplies
Foreign sales could push up US petrol prices and increase political pressure on Trump administration to curtail exports
Trump administration’s mixed messaging sparks wild swings in oil markets
Confusion over US naval escorts in Strait of Hormuz exposes lack of clarity over war aims
The great commodities disruption
Trump’s attack on Iran has served as a reminder of how interconnected the global economy remains