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Diesel Surges, Record US Copper Imports, 300% Grain Tariffs & Hormuz Strains
Description
Global diesel crack spreads surge past one hundred and eight dollars as Middle East crude flows through Hormuz drop below two million barrels per day, while Latvia targets Russian transit with a proposed three hundred percent grain tariff. Concurrently, United States copper imports from the Democratic Republic of Congo hit an unprecedented fifty-four thousand metric tons, and Indian vegetable oil stockpiles trigger ten-day discharge bottlenecks at major import terminals.
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