Heavy Crude Prices Soar on Iran Conflict
New Orleans News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Heavy crude prices soar on U.S. Gulf Coast, reaching eleven-dollar premium over West Texas Intermediate, as Iran conflict disrupts Persian Gulf supplies. Refiners worldwide, particularly in Asia, are scrambling for U.S. alternatives, driving up demand and prices in the short term.
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