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A newly announced U.S.–Iran agreement aims to end months of conflict around the Strait of Hormuz and reopen one of the world’s most critical maritime chokepoints. Maritime organizations caution, however, that a return to normal shipping, and to pre-war fuel prices, will take time. Under the deal, both sides have committed to a 60-day ceasefire, […]

Global Bunker Market Stabilizes in Week 20 as Scrubber Economics Stay Attractive The global bunker market showed signs of stabilization during Week 20, with narrower price swings compared to recent weeks despite continued mixed movements across major fuel grades. Overall volatility remains present, but the market appears to be entering a more controlled phase. By

Demand for low-carbon shipping options appears to be cooling as cargo owners become more cost-sensitive in today’s volatile global market. While decarbonization remains a long-term priority, many shippers are showing less willingness to pay a premium for greener transport in the near term. Recent survey findings suggest that the average willingness to pay for low-carbon

The U.S. finished lubricants market is seeing another round of sharp price increases, as suppliers respond to sustained inflation in base oils, feedstocks, and additive components, along with continued supply chain disruption. Following JobbersWorld’s recent report on broadening market adjustments, Phillips 66 has issued notice of an additional lubricant price increase of up to 35%,

The world’s largest oil supply shock has now entered its second month, with energy markets facing disruptions on a scale never previously experienced in modern history. According to International Energy Agency (IEA) Executive Director Fatih Birol, global supply losses have reached approximately 11 million barrels per day of oil and 140 billion cubic metres of

Rising volatility in global energy markets is forcing shipowners to rethink fuel strategies, with BAR Technologies highlighting a growing shift from long-term decarbonization planning toward immediate commercial resilience. According to the company, disruptions in fuel supply chains, geopolitical tensions, and uncertainty across key shipping corridors are exposing the risks of relying on a single fuel

Global bunker fuel prices have surged sharply in recent days as tensions tied to the U.S.–Iran conflict and the closure of the Strait of Hormuz push crude oil to multiyear highs. The sudden spike has forced container shipping lines to respond quickly, with CMA CGM introducing an emergency bunker surcharge of $150 per TEU on

A major U.S. Supreme Court decision striking down tariffs imposed under the International Emergency Economic Powers Act has created immediate ripple effects across ports, carriers, and logistics providers, as markets brace for both relief and renewed uncertainty. In a 6–3 ruling led by Chief Justice John Roberts, the Court held that tariff authority rests with