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Ukraine's refinery attacks drive U.S. diesel prices to all-time high, widening global energy impact
Energy

Ukraine's refinery attacks drive U.S. diesel prices to all-time high, widening global energy impact

2 days ago

Source Summary

Ukraine's increasingly successful attacks on Russian oil refineries are affecting gasoline and diesel markets worldwide. U.S. diesel prices have reached all-time highs as a result of these disruptions to Russian energy production.

Why it matters

Disruptions to Russian refinery capacity directly raise global diesel and gasoline prices, affecting transportation costs and energy markets worldwide.

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