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Six months into war with Iran, refinery bottlenecks keep gas prices high

Analysts say about 10% of global refining capacity is offline, keeping gasoline above $4 a gallon and diesel above $5.60 nationwide.

While the market for crude oil has proved resilient to major disruptions in the Strait of Hormuz, fuel costs face increasing upward pressure.

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Straight Arrow News broke the news on Friday, August 28, 2026.
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