US oil refiners reap windfall from Iran war
US oil refiners benefit from high fuel prices and cheap North American crude.
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soaring fuel prices and cheap north american crude have put u.s. refiners in a strong position. the combination is creating a windfall for the industry, as they profit from the wide gap between input costs and selling prices. this dynamic is linked to the conflict involving iran, which has disrupted global oil flows and tightened supplies.
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