U.S. crude oil shipping costs to Asia remain elevated

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By David Miller • Updated Oct 25, 2026 at 19:45

Oil Futures Rise as Attacks on Saudi Arabia, U.S.-Iran Risks Persist - WSJ — U.S. crude oil shipping costs to Asia remain elevated

Shipping rates remain elevated for U.S. crude oil to Asia. Asian refiners prefer smaller tankers and buying delivered crude. Prices fluctuate widely due to oil market fragmentation. Some crude is cheaper, others more expensive. Oil futures are rising. Geopolitical tensions and risks are increasing uncertainty. Potential attacks on Saudi Arabia and U.S.-Iran conflicts are concerns.

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