
Geopolitics
Crude Oil's Back, But Refined Fuel's Still Strugglin'
Yo, check it! Crude oil's flowin' through the Strait of Hormuz like it’s 2019, hittin’ 13.5 million barrels a day. But refined fuel's laggin' hard at 677,000 barrels, sendin' prices sky-high. Diesel's costin’ €2.24 in Europe and over $200 in the US. The IEA dropped 400 million barrels, but refinery damage is messin' with the game, keepin' things all mixed up.
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