Please tell me what the implications are

April 11, 2026 - 12:24 UTC

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It will leave the US with low supply and higher gas prices.
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I suspect one is that the spot price for American crude is about to head up quite a bit, likely raising the price for American gasoline, diesel and LNG, further increasing inflation.
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Thanks. Here in the UK our diesel price at the pumps has risen approx 35%,and heating oil has more than doubled.
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