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Warsimpactfuel supplies and prices
The article discusses the continued increase in global fuel prices, especially in the United States, due to a shortage of refining capacity caused by wars in Europe and the Middle East. It indicates that prices may reach record levels during holidays, with an expected abnormal rise because of the shutdown of oil refineries and decreased supply, despite falling crude oil prices. It explains that the limited refining capacity and global crises are leading to a disconnect between oil prices and fuel prices at the pumps, contributing to the ongoing price increases even as crude oil prices decline.
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