BUSINESS / MARKETS / POLITICS8 November 2026
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Energy

Asia’s Fuel Oil Market Signals Hopes of U.S.-Iran De-Escalation

OilPrice.com

Asia’s fuel oil refining margins and benchmark prices have slumped this week after the outcome of the U.S. midterms boosted hopes that there could be de-escalation in the Middle East allowing more oil products to move out of the Strait of Hormuz.

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