Exxon to send its first fuel shipment from US Gulf Coast to Australia, sources say

Exxon Mobil is sending at least 300,000 barrels of gasoline from the U.S. Gulf Coast to Australia. This is the first such shipment by the oil major. The move comes as shipping in the Strait of Hormuz is severely disrupted. Asian refiners face crude supply shortages. This unprecedented route highlights global trade impacts.