US crude output reached 13.8 million barrels per day, but who's paying the price?
Edited By WION Video Desk
Published: Aug 02, 2026, 14:27 IST | Updated: Aug 02, 2026, 14:27 IST
US crude oil production has surged to a record 13.8 million barrels per day, with President Donald Trump highlighting rising American energy exports. But as conflict in West Asia disrupts global markets, developing economies are facing mounting foreign exchange pressures and higher energy costs.
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