American energy exportshave hit a record high this week.
Exports of crude oil and petroleum grew to 12.9 million barrels a day, according to data from the US Energy Information Administration (EIA).
The EIA also predicted that US liquified natural gas (LNG) exports would grow by 18% this year, and then 10% in 2027.
The huge increase in demand is being driven by the Iran war, which has disrupted flows from the Middle East and the vital Strait of Hormuz in particular, through which 20% of the worldâs oil and natura-gas exports normally pass.
The US Navy is currently blockading Iranâs ports on the Strait, and according to US Central Command, 37 vessels have been redirected since the blockade began two weeks ago.
Iranian tankers have also been intercepted at sea and captured by the US Marines.
President Trump has extended a waiver of the Jones Act, allowing foreign-flagged ships to bring fuel to American ports, with the aim of easing price increases.
Although US exports of crude and petroleum have surged, there has been little relief for US consumers.
The average price for a gallon of gas remains more than $4.
A gallon was $2.98 before the conflict began at the end of February.
Source: Infowars: There's a War on For Your Mind!
