US crude oil shipping to Asia faces high costs

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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 — US crude oil shipping to Asia faces high costs

Shipping costs are high 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. Tensions in the Middle East and geopolitical risks are adding to the uncertainty. Potential attacks on Saudi Arabia and U.S.-Iran conflicts are concerns.

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