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Bunker prices rise about three-quarters since US-Iran war began
Ship fuelling costs have risen roughly 75% since the US-Iran war began on February 28; in Singapore, VLSFO was assessed at $509 per tonne on February 27, the last trading day before the war, and high-sulphur fuel oil at $432 per tonne.
According to the report, the cost of fuelling ships has increased by about three-quarters since the US-Iran war began on February 28. In Singapore, the world’s largest bunkering hub, VLSFO was assessed at $509 per tonne on February 27, the final trading day before the war began, while high-sulphur fuel oil stood at $432 per tonne.
The supplied text ends before the next price figure, so later price levels and the exact current increase are not stated.
The item concerns bunker fuel prices in shipping.
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