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Energy markets signal alerts
Oil prices remain high due to a growing fuel supply crisis caused by disruptions in refineries in the Middle East, Russia, and China, compounded by geopolitical conflicts and export restrictions. Refining margins, especially for diesel, have surged to unprecedented levels, leading to record profits for American refineries and major oil companies. Consequently, fuel prices for consumers have increased significantly, impacting transportation costs and raising concerns about sustained inflation and potential demand reduction.
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