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Refinery Stocks Rise Near Buy Points After Trump Ceasefire Comment
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10:19 AM ET 07/08/2026
President Donald Trump said the Iran ceasefire is "over" amid renewed conflict over the Strait of Hormuz. That's sending crude oil prices soaring and U.S. refining stocks are climbing, with several in or near buy zones. U.S. refiners' crude supply is not directly affected by Strait of Homuz shipping woes. However, refiners typically raise gasoline prices more than oil prices…
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