The global oil refining industry is flashing warning signs. The supply chain for the products that fuel the global economy is under growing stress as conflicts in the Middle East and Russia ripple through energy markets.

Rising geopolitical tensions are driving crude oil prices higher, signaling potential shortages and market volatility ahead.

Russia warns of a potential record energy crisis due to Middle East tensions. Crude oil reaching a new all-time high by December 31 at 15% YES.

The system that converts crude into fuels is struggling after months of disruption