Record US crude and LNG production offsets Middle East supply losses after Hormuz closure, easing global energy market pressure.
The closure of the Strait of Hormuz triggered a global scramble for alternative oil and gas supplies, but record US crude production and rising LNG exports helped cushion the shock. US output reached new highs after decades of investment in energy infrastructure, according to industry analysis.
Prior to the disruption, US crude production had already surpassed 13 million barrels per day, while LNG exports climbed to over 12 billion cubic feet daily. The surge in domestic supply followed years of capital expenditure by energy firms, positioning the US as a key global supplier.
Markets reacted with muted volatility as traders assessed the balance between Middle East supply risks and US production capacity, avoiding sharp price spikes seen in past disruptions.