US imports of Saudi Arabian crude oil dropped to zero across all of July 2026, the first full-month shutoff since 1985, amid rising geopolitical

US crude oil exports dropped to 3.66 million bpd in July 2026, the lowest in eight months, as the US-Iran deal reshaped global oil supply

US crude imports from the Middle East are reaching their highest levels since the Iran war began. This surge is driven by a brief Strait of Hormuz opening and Saudi oil rerouting.…