• U.S. crude and petroleum product exports reached a record 12.9 million barrels per day last week amid Strait of Hormuz disruptions.
• Over 60 empty supertankers are en route to the Gulf Coast, roughly three times pre‑war levels, underscoring a sharp demand surge.
• Gulf Coast export capacity is nearing its limit; new terminal projects are expected to be fully operational in 18‑24 months.
• Europe is increasingly reliant on U.S. LNG for storage replenishment, raising concerns about shifting energy dependency.