The end of the Iran war, despite all the ups and downs in the ceasefire talks, has solved one oil problem. The price of crude has fallen to less than $75 a barrel, roughly where it was before the conflict began in February. But the almost simultaneous escalation of the Russia-Ukraine war in recent weeks is creating another — and less discussed — oil headache: The price of refined petroleum product
Geopolitics Bloomberg Jul 13, 2026
