The world is firmly focused on the disruptions to crude in the Hormuz strait, but how are other markets reacting? Here the Argus team looks at two key freight markets, iron ore and jet fuel, that have reached multi-year highs as even slight connections to the Mideast Gulf are now leading to rapid rises in costs.
- Mideast Gulf disruptions are now propagating heavily to other markets including dry bulk shipping and European jet fuel imports.
- This podcast explores how Capesize freight rates have reached a five-year high and what the outlook is for the rest of 2026.
- The podcast dives into the European jet fuel market and the growing cost of freight and longer journey times.
Iron ore, jet fuel and Hormuz
Argus team looks at two key freight markets, iron ore and jet fuel, that have reached multi-year highs as even slight connections to the Mideast Gulf are now leading to rapid rises in costs.

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