U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic snapped up the country’s light sweet grades to offset the expected loss of Russian oil, according to shipping data, traders and analysts. As the European Union weighs an oil embargo on Russia over its invasion of Ukraine, U.S. exporters are ramping up shipments of U.S. light crude to Europe, helped by Washington’s decision to release 180 million barrels of oil from the U.S. Strategic Petroleum Reserve, which is flooding the domestic market. U.S. crude exports bound for Europe are close to 1.5 million barrels per day (bpd) so far in April, the highest in two years and one of the strongest months on record, […]