Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the Tupras Izmit complex, forcing evacuations and an emergency response. The blast reportedly hit a gasoline storage tank and spread quickly, sending flames across part of the facility. Officials have not yet said what caused the incident or how much damage was done, though workers were evacuated and no immediate injuries were reported. The global oil market is already dealing with tighter trade routes, shifting product flows,…
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