Crack Spread
2 stories
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financeUS Refiners Post Record Margins Amid Iran War Supply Disruptions
Geopolitical tensions from the Iran war are crushing supply routes, sending US refiner profit margins to an all-time high and pushing gasoline prices sharply upward.
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financeUkraine Hits Russian Refineries and Tankers in Major Energy Infrastructure Strikes
Ukraine's coordinated drone campaign overnight damaged three Russian oil refineries and tankers in the Sea of Azov, escalating pressure on Russia's energy sector and global markets.