US oil product exports surged to a record 8.2 million barrels per day last week as countries scrambled to replace fuel supplies disrupted by the Hormuz crisis, according to Bloomberg reporting, which noted that diesel exports led the increase and reached an all-time high.Countries are now competing for refined products, including diesel, jet fuel, and gasoline as shipping disruptions around Hormuz destabilize downstream fuel systems tied to transportation, aviation, and industrial activity. Europe’s growing jet fuel shortages and rising…
Rate This Article
