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WTI-Brent spread hits $12, a level unseen since 2018

WTI prices fall $12 below Brent, widening a historic spread.

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The fact

Diplomacy around the Strait of Hormuz and soaring freight costs drive the divergence.

Oil markets fear diesel shortages and sustained Asian demand.

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Auto-synthesis from 1 media source · identified on September 25, 2026
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