EIA data show U.S. distillate fuel exports rose to a record 1.9 mln bpd last week, surpassing May’s prior peak, as global demand for diesel strains supplies. Exports have exceeded 1.5 mln bpd for five straight weeks. Disruptions linked to early U.S.-Iran hostilities — impeding crude and product flows through the Strait of Hormuz — and months of Ukrainian attacks on Russian refineries have tightened global diesel availability, leaving the U.S. one of the few producers able to export at scale. Des

EIA data show U.S. distillate fuel exports rose to a record 1.9 mln bpd last week, surpassing May’s prior peak, as global demand for diesel strains supplies. Exports have exceeded 1.5 mln bpd for five straight weeks. Disruptions linked to early U.S.-Iran hostilities — impeding crude and product flows through the Strait of Hormuz — and months of Ukrainian attacks on Russian refineries have tightened global diesel availability, leaving the U.S. one of the few producers able to export at scale. Despite refiners running at full tilt to boost diesel output, seasonally adjusted U.S. distillate inventories fell to their lowest level for this time of year since 1996.