The US is exporting its first gasoline cargo to Australia since 2023 as the conflict in the Persian Gulf pushes fuel makers into unusual trade flows to meet demand, according to fixture report seen by Bloomberg.
ExxonMobil has booked the ships Largo Eagle and Nord Ventura to transport gasoline from the US Gulf Coast to Australia; loading in mid-March- Ships are able to carry ~350k bbl gasoline; fixtures are preliminary
- The highly unusual trade flow shows the extent major oil companies are going through to reroute ships after the fallout from the Iran conflict
curtailed refinery runs and ledChina ...