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The Economic Times

National / The Economic Times

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Asia relying on US crude to replace Middle East supply

Asian fuel makers are turning to US crude oil. This shift is driven by disruptions in Middle Eastern supply. Countries like Japan and South Korea are buying more American oil. This is impacting global oil flows. The situation threatens to cause fuel shortages. US oil exports are reaching record levels. This trend is expected to continue.

17 Apr 2026 7:57 am