Bunker fuel supply tightening amid Hormuz disruption

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Bunker fuel availability in Asia remains manageable but is tightening as disruptions in the Strait of Hormuz constrain supply, raising concerns of global shortages if the situation persists. Carriers are responding with measures such as slow steaming, sourcing fuel from Europe and the US, and introducing emergency surcharges to offset rising costs. While inventories in key hubs like Singapore and China are holding for now, a lack of replenishment could lead to reduced vessel deployment and service cuts, with broader implications for global shipping capacity and costs if the disruption continues.

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