GeneralBearishBlockonomi · Mar 177/10
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Global Fuel Oil Prices Surge as Shipping Chokepoint Disruption Deepens
Singapore fuel oil prices have surged 146% since January 2026, reaching $140 per barrel by March due to shipping chokepoint disruptions. This has broken the traditional market relationship with fuel oil now trading at a 40-75% premium over crude oil, prompting Goldman Sachs to raise inflation forecasts.