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Fundamental Analysis Posted 5 hours ago

Asia Shipping Fuel Costs Surge as Middle East, Russia Supplies Disrupted

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High-sulphur fuel oil in Singapore has risen above crude prices due to Middle East and Russian supply disruptions, tight bunker demand, and expensive freight. CAD and NOK face headwinds from elevated oil volatility; energy-dependent Asian currencies pressured. Relief may come from Gulf seasonal output and Chinese export allowances by year-end, but Russian supply vulnerability persists.
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