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Global Fuel Oil Prices Surge as Shipping Chokepoint Disruption Deepens

FinanceBunker Fuel SurgeCrude Oil MarketFuel Oil PricesGlobal Energy CrisisInflation 2026Shipping DisruptionStagflation 2026Strait of Hormuz

TLDR: Singapore fuel oil surged 146% since January, reaching $140 per barrel by March 2026. Fuel oil now trades at a 40–75% premium over crude, breaking a long-standing market relationship. Goldman Sachs raised its December 2026 PCE forecast by 0.8 points amid accelerating energy inflation. February payrolls fell by 92,000 while inflation rose, matching the [...]

The post Global Fuel Oil Prices Surge as Shipping Chokepoint Disruption Deepens appeared first on Blockonomi.

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