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OilPrice

Coverage of OilPrice in the Nexus archive.

Earliest in view: May 12 · 09:23 UTCMost recent: May 12 · 09:23 UTC
Co-mentioned in this coverage
Iranplace1Strait of Hormuzplace1Singaporeplace1Henning Gloysteinperson1Eurasia Grouporganization1Natalia Katonaperson1
Recent coverage
  • BUSINESSMay 12 · 09:23 UTCAP NEWS
    Shipping industry fears fuel shortages as Iran war squeezes bunker fuel supply

    The shipping industry is facing fuel shortages due to the Iran war, which has choked off the supply of bunker fuel, a crucial substance for global maritime trade. This shortage is expected to increase shipping costs and consumer prices. The impact will be felt first in Asia, which relies heavily on Middle Eastern oil.