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BUSINESSAug 4 · 13:10 UTCQUARTZCris Tolomia

Marathon Petroleum posted its highest profit in four years, smashing earnings expectations

Marathon Petroleum reported its highest profit in four years, driven by increased crack spreads due to supply disruptions in the Strait of Hormuz, resulting in a quarterly net income of $5.1 billion.

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Marathon Petroleum CorporganizationStrait of Hormuzplacecrack spreadstopic
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Marathon Petroleum posted its highest profit in four years, smashing earnings expectations · The Nexus