More Alaska crude flows to Asia as Strait of Hormuz stays shut

More Alaska crude is flowing to Asia due to the closure of the Strait of Hormuz, reflecting the geopolitical tensions between the US and Iran. Two tankers departed Valdez, carrying 700,000 barrels of crude, marking a noticeable uptick in exports compared to 2025. Asian refiners are anticipating increased demand for Alaskan crude to compensate for the shortfall in Middle Eastern supplies.