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energy · March 25, 2026

Global Bunker Markets Face Historic Supply Crisis Amid Strait of Hormuz Disruption

The shipping industry is experiencing an unprecedented bunker supply shortage following geopolitical disruptions in the Middle East, with the International Energy Agency calling it 'the largest supply disruption in the history of the global oil market.' Fuel prices have more than doubled at key hubs over the past month as physical availability narrows.

By MGN Editorial