Photo: OZAN KOSE/AFP/Getty Images

One spillover from the aerial attacks against Saudi facilities: It could help propel U.S. crude exports to fresh highs and maybe even lift them to the 4 million barrels per day mark, S&P Global Platts reports.

Why it matters: U.S. crude exports have gone well over 3 mbd at times over the last year, but hitting 4 mbd — while just a number — would reinforce how the U.S. has become a major player in export markets.

  • Per Platts, U.S. crude exports averaged 2.9 mbd in the first half of 2019, compared to 1.8 mbd in the first half of 2018.

What they're saying: Sandy Fielden, oil research director at Morningstar, tells Platts that the time needed to fully restore Saudi shipments means "the market call on the U.S. will increase because the U.S. is effectively the marginal supplier."

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Updated 2 hours ago - Politics & Policy

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Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Report: Goldman to settle DOJ probe into Malaysia's 1MDB for over $2B

Illustration: Lazaro Gamio/Axios

Goldman Sachs has agreed with the Department of Justice to pay over $2 billion for the bank's role in Malaysia's multi-billion dollar scandal at state fund 1MDB, Bloomberg first reported.

Why it matters: The settlement, expected to be announced within days, would allow Goldman Sachs to avoid a criminal conviction in the U.S. over the bribery and money laundering scandal that saw three of its former bankers banned for life from the banking industry by the Federal Reserve Board.

Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.