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The Economic Times

National / The Economic Times

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US crude and fuel exports surge to record highs, but it's not enough

Amid rising tensions with Iran, America finds itself in a pivotal moment as it channels unprecedented volumes of oil to Asia, following the blockade of the vital Strait of Hormuz. However, while these exports provide some relief, they fall short of meeting Asia's substantial demand, complicating the landscape for international oil markets.

21 Apr 2026 10:35 am