Iran has managed to export some liquefied petroleum gas and jet fuel since July, despite a US naval blockade, shipping intelligence showed and people involved in security said.

Accelerating crude exports through the Strait of Hormuz aren’t translating into higher production of a dirty shipping fuel, according to a top Vitol Group executive, tightening supplies and sending prices soaring.

Portuguese motorists face another sharp increase in the price of diesel from Monday, with prices expected to rise by 4.5 cents per litre, while petrol is forecast to become 1.5

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