US Becomes World's Top Oil Exporter, Ending Saudi-Russian Dominance
The United States has transitioned from barring oil exports to becoming the world's leading crude seller, breaking the decades-long grip of Saudi Arabia and Russia on the global oil market.
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How US went from barring oil exports to becoming world's top crude seller
The US has surged to become the world's top oil exporter, surpassing Saudi Arabia and Russia. This significant shift, driven by robust domestic production and strategic reserve releases, marks a dramatic reversal from past dependence. Disruptions in the Middle East and sanctions on Russia have reshaped global energy dynamics, granting the US new geopolitical leverage.
By TOI BUSINESS DESK
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