scorecardresearchExplainer: Why is there a worldwide oil-refining crunch? 7 key questions answered

Explainer: Why is there a worldwide oil-refining crunch? 7 key questions answered

Updated: 23 Jun 2022, 08:05 AM IST
TL;DR.
GLOBAL-REFINING-EXPLAINER:Explainer-Why is there a worldwide oil-refining crunch?
A petrol pump attendant replaces a pump at a filling station in Soweto, South Africa, Tuesday, May 31, 2022. South Africans are feeling the bite of fuel price increases that are blamed on Russia's war in Ukraine and the rise in the Brent crude oil price. (AP Photo/Themba Hadebe)

A petrol pump attendant replaces a pump at a filling station in Soweto, South Africa, Tuesday, May 31, 2022. South Africans are feeling the bite of fuel price increases that are blamed on Russia's war in Ukraine and the rise in the Brent crude oil price. (AP Photo/Themba Hadebe)