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US crude oil shipment to Israel resumes
Data has shown that the first shipment of American crude oil to Israel in nearly three years has been dispatched, with approximately 550,000 barrels from West Texas loaded in Texas and headed to the Port of Ashkelon. This shipment comes amidst heightened tensions between the United States and Iran, and was loaded from the Ingleside facility near Corpus Christi onto an Aframax tanker flying the Maltese flag. This move marks the resumption of American oil exports to Israel after a stoppage of about 30 months, while tensions in the region have also escalated due to American and Israeli actions against Iran, leading to a decrease in traffic through the Strait of Hormuz, a crucial channel for global oil transit.
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