Explain how this event may affect the price of gasoline

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During the past year, gasoline prices have been very volatile. One reason given for at least some of the volatility is the threat of war between Israel and Iran. More recently, there has been a report of serious fire damage to Venezuela's largest refinery. Explain how this event may affect the price of gasoline. Be sure to comment on at least two other posts.

Reference no: EM13733415

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