S&P 500 & Equities·Bloomberg Markets· 2h ago

Vital Oil Price Benchmarks Bent Out of Shape by Iran War

Vital Oil Price Benchmarks Bent Out of Shape by Iran War

The Big Market Report Take

Asia’s oil refiners are seeking alternatives to the Middle East’s benchmark crude prices, as war-driven distortions fuel wild price swings that they say have come untethered from physical market realities.

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