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US fuel stocks are under pressure from foreign demand amid Iran conflict

A pipeline runs toward an oil southbow storage tank at the Cushing Crude Oil Storage Terminal in Cushing, Okla. (Nick Oxford/Bloomberg) July 8, 2026 3:20 pm, EDT key takeaways: Unprecedented foreign demand for US diesel, propane and other fuels as the US-Iran conflict escalated put pressure on stockpiles from the Gulf Coast to the East

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