Trump's Jet Fuel Claim Contradicts U.S. Export Data
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
President Trumps call for U.S. jet fuel exports to combat Irans blockade of the Strait of Hormuz faces skepticism. U.S. jet fuel exports averaged just 219,000 barrels per day last year, and analysts argue that the U.S. cant meet global demand due to high domestic consumption and limited supply. Despite increasing exports, higher demand will likely drive up costs for American flyers and airlines.
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