1. Gasoline Becomes an Inflation Scare Again- Gasoline prices have been experiencing an unexpected surge lately, with New York futures soaring to a nine-month high of $2.9 per gallon, whilst prices in Asia gained 15% in July alone and are currently at $2.53 per US gallon. - Asia’s gasoline tightness stems mostly from Chinese consumers ramping up demand amidst peak summer driving season, with commercial gasoline inventories in the country falling to the lowest since at least 2019. - A string of force majeure events at Exxon’s Baton Rouge…
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