US crude oil exports rose last week to record high, EIA says
NEW YORK, April 29 (Reuters) - U.S. crude oil exports rose to 6.438 million barrels per day last week, the highest on record, data from the Energy Information Administration showed on Wednesday.
The closure of the Strait of Hormuz, a key waterway that normally handles about a fifth of global oil and liquefied natural gas supplies, amid the U.S. and Israel's ongoing war with Iran has sharply reduced Middle Eastern oil exports and raised demand for U.S. barrels.
Total U.S. crude oil exports rose about 1.64 million bpd week-over-week, the EIA data showed.
