US oil exports decline after record surge in April 2026. Crude oil reaching a new all-time high by September 30 at 7.6% YES.

Oil prices surged due to US-Iran tensions threatening supply. New all-time high for crude oil by September 30 at 5.1% YES, by December 31 at 12.5% YES.

US oil exports decline after record surge in April 2026. Crude oil reaching a new all-time high by September 30 at 7.6% YES.

Persian Gulf oil exports briefly recovered to pre-war levels before renewed U.S.-Iran hostilities disrupted tanker traffic through the Strait of Hormuz once again.