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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
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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.

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