Asia Refiners a Face Double Blow to Profits from Iran, Covid.

(Bloomberg) -- Asian refineries are grappling with what's expected to be a brief period of weak profits as a demand-sapping Covid-19 comeback across the region coincides with a likely surge in oil-product exports from Iran. Oil consultant FGE sees India's gasoline consumption as the "biggest stumbling block to Asia's demand recovery", with an estimated 20% fall in April through June versus the previous quarter. [Extracted from the article]