Refining shortage sustains high US fuel prices
The transportation sector in eastern China was affected by the approaching Typhoon Dolphine, leading to the cancellation of flights in the region. Meanwhile, Germany is turning to trucks to compensate for the decline in cargo transportation via rivers due to low water flow. Additionally, U.S. fuel prices remain high despite the global decline in oil prices, due to a shortage of refining capacity in the market. In Europe, imports of Russian gas increased by 14% in June.
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