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Axios
Axios

Trump's surge in oil exports during Iran war will hit a ceiling

Donald Trump Oil Iran United States Rob Wilson Kpler

The bottling up of Middle East oil is giving a lift to U.S. exports, but there are real limits on how much more they can grow.

Why it matters: President Trump keeps talking up U.S. exports as the Strait of Hormuz is blocked, and oil and gas exports give America more geopolitical leverage.

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