US Emergency Oil Moves to Distant Peru as Crude Market Convulses

A Petroperu refinery in Piura, Peru. — A Petroperu refinery in Piura, Peru.
Photographer: Sebastian Castaneda/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Take our Survey

By Lucia Kassai

April 7, 2026 at 5:49 PM UTC

Lea en español

Oil from the US emergency reserve is heading to unlikely destinations as the biggest crude-market disruption in history upends decades-old global energy flows.