Flux Markets | Get Your Ship Together Skip to main content

Get Your Ship Together

Hormuz closure boosts HSFO and VLSFO strength, led by Eastern markets as positioning flips bullish and freight surges.
Published: March 6, 2026
Written by:
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
Share

Following the beginning of the US-Israel war on Iran this weekend and the subsequent closure of the Strait of Hormuz, the HSFO market has found immense strength.

Premium Content

To continue reading this page, please login or find our about our subscription options.

Written by

Martha Dowding

Research Associate, Flux
Martha Dowding

Donna Dong

Research Analyst, Flux
Donna Dong

More News

Brent Steady As US And Iran Trade Strikes For Sixth Consecutive Night

Brent steady as US and Iran trade strikes; Hormuz transits lowest since May; Chinese airlines warn first-half losses

Semiconductor Weakness Extends, China’s Q2 GDP Misses Target

Tech stocks extend sell-off as weak China data and AI capex concerns weigh on markets; Apple outperforms amid sector rotation.

Brent Dips Despite Bab el-Mandeb Closure Threats

Brent falls as Bab el-Mandeb risks rise; Iraq exports resume, China expands ethylene, India restricts Hormuz crews.

It’s Not Coming Home (The Barrel, Through Hormuz)

Brent stabilises below $85 as backwardation returns. Dubai weakens sharply, while refining margins climb to record highs.
16 page report