Refined Products, Fuel Oil
April 02, 2026
Strait of Hormuz blockage reshapes US fuel markets
Featuring Carlos Castillo and Daniel Weeks
HIGHLIGHTS
US fuel prices hit multi-year highs
Crude costs, refinery issues persist
High prices expected through summer
Platts US fuel prices climbed to multi-year highs driven by global tensions and supply disruptions, just as peak demand season nears. Persistently high crude prices and ongoing refinery disruptions may keep fuel costs elevated through the summer.
