Russian Oil Refining Falls to 24-Year Low After Ukrainian Drone Strikes
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Investors cash in on the Iran war oil boom as energy prices surge, though maintaining the trade grows increasingly difficult.
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Ukraine has launched a sustained military campaign targeting Russia's largest oil refining cluster over two consecutive days.
Global oil refining recovery is under threat as geopolitical conflict and diesel shortages push US refineries to breakneck speeds.
Consumers face elevated gas and diesel prices driven by refining margins and supply crunches even as crude oil prices begin to steady.