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flag US becomes net crude exporter for first time since WWII due to soaring exports.

flag The U.S. is on the verge of becoming a net crude exporter for the first time since World War II. flag Soaring exports of 5.2 million barrels per day, driven by global supply disruptions from the Iran war, have pushed net imports to a record low of just 66,000 barrels per day. flag European and Asian refiners are buying record amounts of U.S. light sweet crude, though analysts warn that rising freight costs and limited tanker availability are creating new logistical bottlenecks.

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