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6 October 2026

Bunker prices jump by three-quarters since Iran war began

Downunder Voices Newsroom

Source reporting: Splash247

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Bunker prices jump by three-quarters since Iran war began

The cost of fuelling ships has risen by roughly three-quarters since the US-Iran war erupted on February 28. In Singapore, the world’s largest bunkering hub, VLSFO was assessed by ENGINE 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. By …

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