Why Hormuz windfall may prove short-lived for oil refiners
- Posted on July 8, 2026
- By Business News Today
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- 1 min read
Why Hormuz windfall may prove short-lived for oil refiners
Global refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventories, this lucrative period for refiners may soon come to an end as crude prices are anticipated to rise.