World · 22 June 2026
US becomes the world's biggest oil exporter
It's a historic turnaround for a country once crippled by oil embargoes, and it hands Washington a powerful new lever. US exports of crude and fuels hit about 10.5 million barrels a day in May, overtaking both Saudi Arabia and Russia, Reuters reported. Shale output plus the war with Iran, which has choked Saudi shipments, drove the shift, the third month running.
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