More than seven months into the war on Iran, shipping companies are changing how and where they purchase marine fuel. With bunker prices remaining more than 70% above pre-conflict levels,
Marine fuel prices have surged since the outbreak of the U.S.-Iran war on February 28, adding significant costs for shipping companies already facing higher insurance premiums and operational expenses. Although
Diesel prices in Europe and the United States have reached record levels as disruptions to major refining and export markets tighten global fuel supplies. European diesel futures more than doubled
