If Trump hits Iran’s power plants, Iran will hit gulf countries’ oil fields, refineries, and desalination plants. Oil will go to $150. If oil hits $150, we’ll likely have a global recession, says Blackrock CEO

If Trump hits Iran’s power plants, Iran will hit gulf countries’ oil fields, refineries, and desalination plants. Oil will go to $150. If oil hits $150, we’ll likely have a global recession, says Blackrock CEO: https://t.co/ttimJG1ONv pic.twitter.com/XaLD3owgMq — Oguz Erkan (@oguzerkan) April 5, 2026 Most people think war stays “over there.” It doesn’t. Today it’s …

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IRAN just hit the Ras Tanura Oil Refinery in Saudi Arabia – one of the largest oil refineries in the world

🚨🌏🇸🇦 Iran just hit the Ras Tanura Oil Refinery in Saudi Arabia – one of the largest oil refineries in the world pic.twitter.com/Xd1gS1dK3a — Concerned Citizen (@BGatesIsaPyscho) March 2, 2026 🚨🇸🇦 Saudi Arabian Oil Field this morning pic.twitter.com/yJaNxTdd9U — Concerned Citizen (@BGatesIsaPyscho) March 2, 2026

Ukraine drone strikes hit 10 Russian refineries, wiping out 17% of oil output

Ukrainian drone strikes on refineries have stopped 17% of Russia's oil refining capacity. This equates to about 1.1 million barrels daily, which were used to produce gasoline & diesel fuel. This forces Russia to increase crude oil exports.🤔Where are the secondary sanctions🤷‍♂️ pic.twitter.com/Yx8eb1R0pD — NoHoldsBarred (@AussieSteve64) August 25, 2025 Ukraine has ramped up drone strikes …

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California to lose 20% of fuel supply in 2026. Green mandates and fines push refineries to close. Valero refinery shutdown in 2026 cuts 400 jobs

CALIFORNIA’S GAS PLAN: LESS FUEL, MORE PAIN AT THE PUMP California is about to lose 20% of its fuel-making power, and drivers are bracing for impact. Valero’s Benicia refinery will shut down in 2026, cutting over 400 jobs and slashing supply in a state already paying $4.83 a gallon—$1.68 above the national average. So, lawmakers …

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TotalEnergies Joins Air Liquide to Decarbonize its Refineries with Green Hydrogen

Paris, February 18, 2025 – In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands, for the production and delivery of some 45,000 tons a year of green hydrogen produced using renewable power, generated mostly by …

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Valero Could Be Next To Shutter California Oil Refineries

Last week, Phillips 66 said it would shut down its Los Angeles oil refinery by the end of next year. Now, refining peer Valero Energy Corp is suggesting it could be next. Valero, the United States’ second-largest refiner by capacity, is keeping all options “on the table” for its two California refineries. According to the …

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Chinese Refineries Go Bankrupt Amid Plummeting Margins

By Tsvetana Paraskova Slumping refining margins amid tepid fuel demand in China have already claimed victims among the refineries in the Shandong province, where two plants operated by chemicals giant Sinochem were declared bankrupt in recent days. Zhenghe Group Co and Shandong Huaxing Petrochemical Group Co were declared bankrupt after creditors failed to agree on …

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UAE suspends 32 gold refineries for 256 violations in crackdown on money laundering, terrorist financing

(Kitco News) – The government of the United Arab Emirates (UAE) has suspended the operations of 32 gold refineries – representing 5% of the total market – in a crackdown on money laundering and terrorist financing activities in the precious metals sector, according to an announcement from the Economy Ministry. “The Ministry of Economy has …

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Gavin Newsom ramps up energy policy, considers state-run refineries

WATCH: California Democrat Governor Gavin Newsom has ratcheted up his war on energy. Newsom appointed Siva Gunda of the California Energy Commission. Gunda just testified that state-run refineries are “on the table.” pic.twitter.com/L93qHOfXcO — Steve Guest (@SteveGuest) May 15, 2024 Refinery capacity is tight because no refinery has been built on American soil since the …

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Ukrainian Drone Strikes Target Russian Oil Refineries – Reports

Ukrainian drones have targeted several regions in central and southwestern Russia, the Russian Defense Ministrysaid Wednesday, as Ukrainian media reported that Kyiv was behind alleged attacks against at least two Russian oil refineries. The RBC-Ukraine news website, citing anonymous Ukrainian security service officials,reported that Kyiv’s forces damaged an oil refinery in the Ryazan region as …

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Ukraine Hits Multiple Russian Refineries Overnight Despite US Warnings

Ukraine launched drone attacks on several Russian oil refineries overnight, Russian sources said on Wednesday, despite pushback from Washington urging Kyiv to reel in its strikes on Moscow’s oil infrastructure. Russia’s defense ministry said its air defenses had intercepted two Ukrainian uncrewed aerial vehicles (UAVs) over the Voronezh region bordering northeast Ukraine, another over the …

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Oil price hike incoming: Drones STRIKE two major oil refineries in Russia

via naturalnews: Russian officials have confirmed two drone attacks on two different oil refineries in the country. One drone attack caused a fire to break out near the major oil port of Novorossiisk. The attack caused significant damage to the surrounding infrastructure and disrupted operations at the port, which is a key export terminal for Russian crude …

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