Some owners and tanker managers oil have been discontinued by Friday (13.6.2025) the offer of their ships for routes to Middle Eastas they evaluate the dangers of Israel’s conflict with Iran, fueling concerns about export flows from the region.
Producers and traders trying to close ships to load slow oil and fuel from the Persian Gulf have met few offers, according to a Bloomberg report. Meanwhile, some shipowners with tankers that had been temporarily chartered on Friday, pending confirmation of the detention, have chosen not to extend the agreements until the weekend.
Although the possibility of significant or prolonged supply disorders may be distant at this stage, the stability of navigation in the Middle East and around it will be closely monitored by the global oil market in the coming weeks.
The area hosts about one -third of world production and large exporters, such as Saudi Arabia and the United Arab Emirates, do not have much room to divert their exports if the Navigation is affected by the Persian Gulf.
As hostilities have intensified, including Israeli strikes against Iranian energy and nuclear infrastructure, tanker owners are carefully monitoring the conditions for the passage of ships from the straits of the Hormuz to the Persian Gulf, according to Bloomberg. Although ships have not yet been identified, shipowners are holding the determination of new vagina, creating the conditions for higher fare prices and the possibility of shipping disorders.
Traders and charters said the prices for the TD3C reference line for hyper-treated sails between the Middle East and China were about 55 to 58 Worldscale points on Friday, increased by about 20% -30% since the beginning of the week.
Although today (16.6.2025) there are no fixed estimates of prices due to lack of open market debate, indicative levels show that the index had increased to about 65 points.
World -scale units are a percentage of a underlying single price, which is determined for each long journey at the beginning of the year.