TradeWinds: Strait of Hormuz closure opens up new frontiers for US oil shipments

April 20, 2026 With countries scrambling for oil with Middle East barrels cut off, Poten & Partners head of tanker research Erik Broekhuizen noted Washington’s Energy Information Administration said last week that US exports hit 5.2m barrels per day, a seven-month high. “This was due to record demand from Asian and European buyers,” he said. Broekhuizen added that US exporters are “expanding their reach” with Greece buying US oil for the first time ever and Turkey for the first time in a year. To read the full article, click here.