Trump urges oil firms to expand refining capacity
President Donald Trump urged oil companies to expand refining capacity to help lower fuel costs, but the report said new refineries would take billions of dollars and years to build.
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Brent crude tops $96 as U.S.-Iran tensions escalate
Brent crude rose above $96 a barrel after fresh U.S. strikes on Iranian targets and Iranian retaliation across the Middle East raised Strait of Hormuz fears.