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Donald Trump is rerouting the world's oil tankers

Trump's foreign policy and trade wars with Iran and China have led to oil flows shifting across the globe. Increased US output also has an effect.

Capitol Hill, USA, kongres, senat, politik
Photo: Denis Paquin
BY ALEX LONGLEY AND BILL LEHANE, BLOOMBERG
Published:

US President Donald Trump is redirecting global oil flows.

West African and Latin American producers are sending ever-growing volumes of crude to China. America's exports to the Asian country have slumped in favor of its neighbors. There is an urgent global need to find replacement barrels for Iran's, whose exports might just collapse next month.

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