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The Economic Times

Top News / The Economic Times

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Asia struggles to find fuel oil as Middle East exports plummet, sources say

Asian fuel oil traders face supply challenges due to the Iran war disrupting shipments from the Middle East. They are now looking to Western sources for replacement cargoes. This situation is expected to cause further increases in bunker fuel prices at key ports like Singapore. Vessel owners will see refuelling costs rise, impacting the prices of transported goods.

6 Mar 2026 10:12 am