Developing
Business·5/3/2026AI summary
Port of Corpus Christi Sees Record Oil Traffic as Iran War Disrupts Persian Gulf Trade
The Port of Corpus Christi reports record activity as U.S. crude oil exports jumped 30% to 5.2 million bpd in April amid the Iran war. March was the busiest month in the port's history, with over 240 vessels compared to the normal 200. Asian buyers now account for about half of U.S. exports as the Strait of Hormuz remains blockaded.
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CNBC