US crude oil shipping to Asia faces high costs

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By Olivia Martinez • 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 are using smaller tankers and buying delivered crude. Prices are volatile 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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