July 14, 2026 4:30 PM, EDT Storage tanks at the Port of Corpus Christi in Corpus Christi, Texas. (Eddie Seal/Bloomberg) key takeaways: U.S. crude oil exports hit record levels after the Iran war disrupted supplies in the Middle East, benefiting Gulf Coast ports including Corpus Christi. Up to 6.4 million barrels were shipped daily from
July 13, 2026 1:16 pm, EDT Strait of Hormuz. (Andrea Campanu/Bloomberg via Getty Images) key takeaways: The US reinstated a naval blockade on Iranian shipping through the Strait of Hormuz, ending a brief relaxation of sanctions allowing exports. During the gap, Iran supplied at least 57 million barrels, about 2.2 million barrels per day, which
Oil pipelines deliver oil to storage tanks with a capacity of 575,000 barrels at the Enbridge Cushing Terminal in Oklahoma. (Shane Bevel/Bloomberg) June 17, 2026 4:30 PM, EDT key takeaways: Cushing crude inventories fell for eight consecutive weeks to about 20 million barrels, which traders consider the operating minimum. US exports hit a record as