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BenzingaBenzinga··Snigdha Gairola

IMF Signals Iran Tensions Already Priced Into Global Economy as Oil Surges

IMF chief says U.S.-Iran conflict impact is reflected in forecasts as crude oil surges above $104 amid Strait of Hormuz disruptions.
HBTPFnatural gasoil prices
BenzingaBenzinga··Piero Cingari

Oil Refiner Boom: Iran Tensions Unlock Historic Margins for U.S. Refiners

Iran tensions drive U.S. oil refiner crack spreads to $40/barrel, potentially unlocking $240B annual margins. Five major independents poised for windfall profits.
DINOVLOMPCPSXPBF+1crude oilcrack spread