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Reuters reports US refiner margins have hit new records as concerns over fuel shortages grow. Inventories of industrial fuel had been tight for years, and Middle Eastern export disruption from the Iran war tightened the market before Russia's temporary export ban.
Record refining margins signal that product tightness is structural and will keep diesel prices firm. Elevated diesel costs raise freight and processing expenses across the feed chain.
reuters.comShariq KhanJul 16, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
