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A refinery is an industrial facility that specializes in processing crude oil into refined petroleum products such as gasoline, diesel, and jet fuel. Recently, this term has become prominent due to geopolitical tensions related to US sanctions, causing tens of millions of barrels of oil to be "stagnant" and affecting major energy corporations. These developments show the sensitivity of the global energy market to political and economic factors, directly impacting the operations and profits of oil refineries.
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