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Asia-to-US Container Rates Spike 109% Since Iran War Started

Asia-to-US Container Rates Spike 109% Since Iran War Started
Bloomberg Markets Saturday 06 June 2026, 12:06 UTC By Brendan Murray 1 min read
Key Points

Cargo ships, oil tankers and other vessels off the shore of Singapore, on Tuesday, March 17, 2026. A widening conflict in the Middle East has led to dramatic swings and surges in the price of fuel for ships, prompting distributors in Singapore, the world’s top bunkering hub, to cut back their purchases.

Cargo ships, oil tankers and other vessels off the shore of Singapore, on Tuesday, March 17, 2026. A widening conflict in the Middle East has led to dramatic swings and surges in the price of fuel for ships, prompting distributors in Singapore, the world’s top bunkering hub, to cut back their purchases.
Asia (LOCATION) US Container (ORG) Iran War (EVENT) Singapore (LOCATION) the Middle East (LOCATION)
Originally published by Bloomberg Markets Read original →

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