
U.S. refineries hit highest run rate since 2019 as Iran war drives output
Crude throughput reached 17.4 million barrels per day last week, the fastest pace in nearly seven years.
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Crude throughput reached 17.4 million barrels per day last week, the fastest pace in nearly seven years.

Largest single-week crude draw on record tightens supply ahead of summer freight season, with diesel and fuel costs likely to follow.

EIA reports diesel at $4.123 per gallon, 8 cents below last week, while AAA pegs retail diesel $1.11 higher at $5.461: a $1.93 year-over-year jump that hits…