US Is Oil Supplier of Last Resort as Hormuz Disruptions Worsen


All told, over the past nine weeks, more than 250 million barrels of crude from oil wells and storage tanks across the US have been shipped overseas. That’s made the country, once again, the No. 1 exporter of crude, overtaking Saudi Arabia, and turned it into a lifeline for global consumers as the near closure of the Strait of Hormuz throttles Middle Eastern supplies. 



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