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US Refining Margin Surge amid Iran Conflict
3 clusters · 22 sources · last updated
Latest: Chevron Q2 profit jumps 400% as US‑Iran war lifts oil prices
The surge in U.S. refining margins that began in early 2024, initially driven by high gasoline prices and later reinforced by renewed hostilities in Iran, has persisted into late 2026. After the February 2026 U.S.–Israel