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#maritime-fuel
(2 articles)Shipping & Freight
High ImpactOct 23, 2026Crude Shipping Costs Surge 7x Amid Hormuz Conflict, Squeeze Asian Refiners
Global crude oil shipping costs have surged to seven times their year-ago levels, reaching USD 20 per barrel from USD 3, driven primarily by geopolitical tensions in the Strait of Hormuz and increased
India Shipping News#crude-oil-shipping#freight-rates#hormuz-strait
Procurement
High ImpactSep 17, 2026Bunker Fuel Prices Soar 100% Despite Supply Relief
Bunker fuel prices for ocean-going vessels remain at historically elevated levels despite the supply-shortage crisis that peaked in March-April easing at major fueling hubs. Very-low-sulphur fuel oil
FreightWaves#bunker-fuel-prices#shipping-costs#strait-of-hormuz