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Record-Breaking US Oil Exports in the Face of the Blockade of the Strait of Ormuz

Summary by Vanguardia
NEW YORK-The U.S. beat record oil exports, overcoming the five million barrel barrier per day on average, following the blockade of the Ormuz Strait, which is key to 20% of the world's crude oil before Iran's war traffic stopped, according to the latest data from the Energy Information Administration (EIA).The last week of April, the U.S. sold an average of 5.3 million barrels per day, confirming an upward trend that accelerated since its army a…
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NEW YORK-The U.S. beat record oil exports, overcoming the five million barrel barrier per day on average, following the blockade of the Ormuz Strait, which is key to 20% of the world's crude oil before Iran's war traffic stopped, according to the latest data from the Energy Information Administration (EIA).The last week of April, the U.S. sold an average of 5.3 million barrels per day, confirming an upward trend that accelerated since its army a…

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Vanguardia broke the news on Friday, May 8, 2026.
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