U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war
By Spencer Kimball
Published on May 3, 2026.
The Port of Corpus Christi, Texas, has seen a surge in crude oil exports as the Iran war intensified. The country's oil exports have surged to a record 5.2 million barrels per day in April, a more than 30% increase over the 3.9 million bpd exported in February before the war. March was the busiest month in the history of the port, and the first quarter was its busiest quarter ever. Oil exports have increased to about 2.5 million bPD since the war compared to 2.2m bPD last year. Asian countries that imported their oil from the Middle East are now turning to the U.S. due to the closure of the Strait of Hormuz. The port's export capacity maxes out at about two.6 million bpa due to pipeline constraints, but could potentially handle another 500,000 bpd if pipelines were expanded. However, experts believe that the Middle Eastern oil producer is too large of an oil producer to be replaced.
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