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Hurricane Isaias Risks Disrupting US Refining
Hurricane Isaias is approaching the US Gulf Coast, threatening refineries and oil production critical to the global energy supply. The storm has already caused significant disruptions, including the shutdown of nearly two-thirds of Gulf of Mexico oil output and potential risks to refineries in Mississippi and Alabama. Experts warn that even minor setbacks could lead to sharp increases in fuel prices due to the system's current strain from international conflicts and low stockpiles.
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