U.S. oil product exports have reached record highs as countries in Europe and Asia have sought alternatives to oil shipped through the Strait of Hormuz, which has been effectively closed because of the war with Iran. 

The United States last week exported a record-high of oil products, a category that includes gasoline, jet fuel, and diesel, of nearly 8.2 million barrels a day, according to the Energy Information Administration. That is up about 23% from the same week a year ago.