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How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock

NYT > Business·June 26, 2026
How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock

A mega-refinery in Ulsan, South Korea, is struggling to adapt after the Iran war oil shock disrupted global oil supplies. The refinery, a top exporter of jet fuel to the West Coast of the United States and other regions, is working to reduce its reliance on Middle Eastern oil. This shift is a significant challenge for the refinery, which has historically depended on imports from the region. The refinery's efforts to diversify its oil sources are underway, but the process is complex and time-consuming.

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