US Refiners Feel Squeeze From Middle East Oil Cuts
America’s position as the largest crude producer hasn’t spared it from war repercussions.
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Welcome to our guide to the commodities driving the global economy. Today, reporters Nathan Risser and Barbara Powell look at the impact of the Middle East war on US refiners.
Almost 7 million barrels a day of oil supply has been cut in the Middle East due to the effective closure of the Strait of Hormuz.