US military says it helped Gulf states export 1.5 billion barrels of oil
US Central Command says more than 3,000 commercial vessels have transited the Strait of Hormuz with its support.
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US Central Command says more than 3,000 commercial vessels have transited the Strait of Hormuz with its support.
Exports have helped offset weak spending at home, but trade tensions and AI doubts cloud its outlook.
Trump recently said he was "very seriously" considering a diesel export ban, despite warnings from the U.S. oil industry that doing so would raise prices.
US has gradually loosened restrictions placed on Syria during the Assad era to aid country's recovery from conflict.
The threatened proposal aims to protect US consumers from rising costs, but it could trigger major economic waves if it were to happen.
John Healey said the government is in talks with the US over Donald Trump's threat to stop exports.
The continued blockade of the Strait of Hormuz has forced Iraq to look for alternatives to export its oil.
Energy experts warn US diesel export ban could increase fuel costs domestically and internationally.
A diesel export ban would provide only brief relief before prices start to rise again as refiners cut production, experts say.
In the first quarter of 2026, China became the leading destination for Rwandan exports, accounting for 26% of the total, compared with less than 5% just one year earlier. A spectacular shift, driven by the removal of Chinese tariffs on almost all Rwandan products. But on the ground, access to this market of 1.4 billion consumers depends less on tariffs than on meeting sanitary standards. Report by Aurore Bayoud.