US crude oil exports are expected to hit a historic high in April

According to the Financial Times, due to the interruption of oil supply in the Middle East caused by the Iran War, Asian customers are seeking alternative supplies, and US crude oil exports are expected to increase from 3.9 million barrels per day in March to 5.2 million barrels per day in April, an increase of nearly one-third. According to data from Kpler, a petroleum research institution, demand in Asia is expected to increase by 82%, reaching 2.5 million barrels per day. Currently, there are 68 empty oil tankers heading to the United States, compared to 24 in the week before the war. The Trump administration currently has no plans to ban oil exports, but analysts warn that the situation in the Middle East may push up fuel costs.