The war with Iran is bad news for the global economy, but it’s lifting the fortunes of most energy stocks, led by oil refiners, according to a set of ETFs.

Ukraine's military launched drone attacks on various Russian regions overnight on July 23, striking an oil refinery and logistics infrastructure, Russian Telegram media channels reported, citing

Gallo Partners' Michael Alfaro argues refining has become the oil market's key bottleneck as attacks on processing infrastructure across multiple conflicts squeeze fuel supplies. He says an attack on Saudi Arabia's East-West Pipeline would represent a significant escalation,

U.S. oil refiners are about to report a historic profit surge as the industry takes advantage of supply disruptions.

Ukraine's defence forces have struck a Russian military-industrial complex company, an oil refinery, a fuel and lubricants depot, transport vessels and a warship in the Caspian Sea.

By selling directly to refiners and joint-venture partners, Venezuela captures higher realized prices while reshaping crude trading flows and Gulf Coast refining economics.

Refinery stocks like Marathon Petroleum and Valero have delivered gains that crush the S&P 500 this year, and crude oil prices have almost nothing to do with it. One obscure industry metric explains everything,

US oil refiners have been running so hard for so long to capture record profits that they’re increasingly vulnerable to equipment breakdowns at a time when global fuel markets already are unusually tight.

Dubai ― U.S. missiles struck targets across Iran, reaching as far as its Caspian coast, on Friday after President Donald Trump vowed "major military punishment" for Tehran and its Houthi allies in Yemen for extending the Middle East war to a second major shipping chokepoint,