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US-Iran war: Latest news

  • Market: Crude oil
  • 13/03/26

A round-up of the latest Argus news stories focusing on the US-Iran conflict.

TOP HEADLINES

Pentagon not close to reopening Hormuz

US oil sector warns against export restrictions

Supply shock fears revive China crude buying

India snaps up Russian crude as sanctions paused

Asian spot naphtha hits 20-year-high premiums

LATEST NEWS

Crude and oil products

Saudi Aramco offers spot March crude loading at Yanbu

IEA stock release faces challenge of geography

Asian buyers undeterred by firm African values

European interest in April-loading Saudi crude firm

Iran war sees first Forties cargo sail east this year

UAE's Adnoc raises April crude official selling prices

EU says Russia oil curbs unaffected by US waiver

Iraq-Turkey crude pipeline reopens again

Permian WTI premiums continue to rise

Petrobras hikes diesel prices by 11.5pc

Diesel prices at four-year highs in the Baltic states

LSFO hits multi-year highs as Brent breaks $100/bl

Natural gas and power

Eurogas urges EU to activate flexibility in storage law

Dutch Energystock to hold gas storage auction next week

War spotlights Brazil reinjections, LNG reliance

German Mar spot power could deliver above expectations

Petrochemicals

Dow revision triples April PE price increase

Ineos Styrolution halts new ABS, PS delivery for March

Biofuels

Shipowners eye bio-blends on bunker rally

India unlikely to raise ethanol blend despite oil rally

China biofuels rise but HVO discount to ARA widens

Coal

Coal futures slip as market eyes impact of US-Iran war

S Korea coal prices up at 17-month high on firm demand

Indonesian supply, war may reshape Vietnam coal imports

Atlantic coal prices remain elevated

Fertilizers and agriculture

Iran-US war freezes ags market activity

US senator presses CF on soaring nitrogen prices

Australian amsul demand surges on short urea supply

India seeks Mercosur vegoil to offset war risks

Metals

Uncertainty surges but demand does not: Irepas

Freight

No clear path to pre-war Hormuz return: D'Amico

Asia specialist tanker cargoes drop as trade slows


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