Asia struggles to find fuel oil as Middle East exports plummet, sources say | The Express Tribune
Bunker fuel prices surge over 40% as tanker transits through Strait of Hormuz down 90% from last week Shipping vessels and oil tankers line up on the eastern coast of Singapore in July 2015. PHOTO: REUTERS Fuel oil traders in Asia are struggling to secure alternative supply as the Iran war curtails shipments from key…