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For the second time this decade, a war has upended global oil markets and sent oil prices and refining margins to multi-year highs, benefitting the world’s biggest oil companies and top refiners. The war in Iran has tightened fuel supply as crude oil has struggled to move through the Strait of Hormuz, triggering reduced refining throughput in Asia and a temporary Chinese ban on exports. The fuel markets tightened even more than the crude market to send refining margins to record highs. And the biggest refiners benefited from the new refining…
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AIPROPX has consolidated 1 report from 1 outlet into a single canonical entry on “Middle East War Triggers New Global Refining Boom.” Every covered outlet is based in Other.
The only timestamped report came from OilPrice (Aug 5, 2026, 00:00 UTC).
2 statements are carried by only one outlet within this set and are not echoed by the others.
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AIPROPX — “Middle East War Triggers New Global Refining Boom” · https://www.aipropx.com/story/525454bdb53e15fadafe36bf4ff31690
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