Oil prices are soaring as the Middle East war chokes crude supplies, but fuel price premiums over crude are climbing even faster as the de facto closed Strait of Hormuz forces refiners in Asia to consider slashing processing rates and limiting exports.The…

Brent Crude Oil Price

Brent Crude Oil

Price: $61.39 per barrel

Currency: USD

Last Updated: 2025-05-03 20:09 UTC

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