Newsletter Subscribe
Enter your email address below and subscribe to our newsletter
[forminator_form id="25163"]

Asia's imports of refined fuels fell in August to their lowest level since the U.S.-Iran war began, deepening a supply crisis that has sent diesel and jet fuel prices surging across the world's largest fuel-consuming region.

IEA member countries released just 26 million barrels of emergency oil stocks in July, less than a third of May's drawdown, even as global inventories fell by 69 million barrels to below 7.9 billion barrels — a level not seen…

Six months after the U.S. and Israel launched strikes on Iran, Asia's energy crisis has shifted from crude oil supply fears to an acute shortage of refined fuels. Asia's imports of light and middle distillates in August dropped 21% from…