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Recent refinery attacks linked to the wars in Iran and Ukraine have resulted in the loss of nearly 9% of global oil refining capacity, exacerbating fuel supply shortages and pushing crude prices, including jet fuel and diesel, to record highs, with a full recovery expected to take months even if the conflicts were to resolve soon. #OilSupply #RefineryCrisis #EnergyMarket #IR #UA #SA #KW #RU #NG
Iran, Ukraine wars deliver worst hit in years to oil refining output
