(https://www.marketwatch.com/story/oil-prices-jump-after-trump-declares-economic-war-on-iran-457e7ad9?mod=mw_rss_topstories) and crude got hit hard — but here's what the energy crowd is missing: refining fundamentals are shifting in ways the market hasn't fully priced. Marathon Petroleum posted $5.6B in net income on $86.2B in revenue, generating $11.4B in operating cash flow and $9.3B in free cash flow.

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