US crude exports hit record as Middle East oil shipments slump
Dirty tanker shipments from the Americas hit an all-time high of 14.5 million bpd in May, up 40% year-on-year, while Strait of Hormuz transits plunged 89% from February to May.
Oil exports from the United States and its Americas sphere of influence have surged to an all-time high, as crude output leaving the Middle East continues to decline. Industry data shows that dirty tanker shipments from the Americas reached 14.5 million barrels per day (bpd) in May, up from 13.8 million bpd in April and a 40% increase from May 2025. Meanwhile, transits through the strategic Strait of Hormuz—the world's most important oil chokepoint—plunged 89% from February to May, reflecting a dramatic shift in global energy flows.
For fuel traders, this reshaping of supply routes has major implications for pricing and logistics. The rise of U.S. and Americas crude as a dominant source reduces reliance on Middle Eastern supplies, which are subject to geopolitical risks and transit bottlenecks. The widening gap between Atlantic Basin and Middle Eastern crude benchmarks could persist, benefiting refiners with access to cheaper U.S. grades. Traders should monitor the Brent-WTI spread and tanker rates, as increased Americas exports may pressure freight costs. For current pricing on key crude benchmarks and refined products, check NowPrice's fuel page.
Looking ahead, the trend of Americas crude displacing Middle East barrels is likely to continue, especially if OPEC+ maintains production cuts and geopolitical tensions in the Gulf remain elevated. Key data to watch include weekly U.S. crude inventory reports, OPEC+ compliance figures, and any shifts in Chinese demand, which could alter the balance. The Strait of Hormuz transit data will remain a critical indicator of supply security for global oil markets.