https://www.live-feeds.com/feed/refinery-outages-pumping-up-fuel-prices-more-than-cost-of-crude-oilContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/refinery-outages-pumping-up-fuel-prices-more-than-cost-of-crude-oilhttps://www.live-feeds.com/feed/refinery-outages-pumping-up-fuel-prices-more-than-cost-of-crude-oil#u116446Sun, 11 Oct 2026 14:40:31 +0000Gasoline and diesel prices remain unusually elevated compared to the cost of crude oil despite improving traffic and the normalization of flows through the Strait of Hormuz. Diminished operations and offline global refining capacity continue to outpace the cost of crude oil, driving headline inflation measures above traditional oil price trends. A global diesel crunch is also fueling a new wave of energy nationalism. Saudi Aramco CEO Amin Nasser warned that global oil stockpiles are scarily thin, noting that replenishment could take up to two years even after the Strait of Hormuz fully reopens