Oil Supertanker Squeeze Is Crimping US Crude Exports, Texas Port CEO Says

The CEO of the largest US port said a shortage of available oil supertankers is constraining US crude exports. Shippers are responding by hiring smaller vessels and directing more cargoes to Europe, according to the port official's statement.

• Bloomberg — Oil Supertanker Squeeze Is Crimping US Crude Exports, Texas Port CEO Says

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