Geelong refinery margins surged to $21.10 per barrel amid geopolitical instability impacting product supply chains.

The entities involved

• Geelong →

  city in Victoria, Australia

  • Darryn Lyons is selling his property portfolio in various locations, including Geelong and Far North Queensland, while also marketing Rolex watches.Fri 00:37
  • Trent Sullivan advised on the Public Realm Framework while in Geelong.Thu 03:45
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• Attacks by Iran and its proxies damage energy infrastructure near Hormuz, leading to global refining deficit estimates.Aug 4
• Oil refinery attacks disrupt global supply, driving price escalation and affecting energy market regulation.Thu 13:42
• The war in the Middle East is causing global supply issues, prompting consideration of a new oil refinery in Western Australia.Jul 28
• Geopolitical tensions are driving oil price increases and affecting refining operations on the Gulf coast, while bombardments target Russian oil depots.Jul 21
• Global shortages due to regional disruptions are occurring as the Dangote oil refinery expands toward world-leading capacity.Sep 10