Freightos Baltic: Fuel costs emerge as biggest shipping risk as Hormuz remains closed

11 Mar 2026 Backlogs are forming at Gulf ports and at origin ports in India and Bangladesh, while transhipment hubs in the Far East are seeing rising yard utilisation as Gulf-bound cargo is diverted.

11 Mar 2026

Commodity Exchange: 11 March 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 11 March 2026 session with the following settlements.

10 Mar 2026 Brent NYMEX

Crude whipsawed from near-record intraday highs as Gulf shut-ins clash with sudden Russian sanction relief talks

The settlement figures mask a historic intraday short squeeze that briefly vaulted both benchmarks near $120 a barrel before fundamentally bearish policy rumors triggered a violent 5% post-settlement plunge.

10 Mar 2026

Commodity Exchange: 10 March 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 10 March 2026 session with the following settlements.

09 Mar 2026

Oil posted historic weekly gains as prolonged Hormuz blockade triggers unprecedented scramble for US crude

Over five days, WTI soared 35.6% and Brent 27%, underscoring a widening structural divergence between the two benchmarks.

09 Mar 2026

Commodity Exchange: 09 March 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 09 March 2026 session with the following settlements.

06 Mar 2026 Brent NYMEX

Oil benchmarks diverged sharply as Hormuz blockade forces widespread production shut-ins and US weighs market intervention

US WTI crude led the rally, extending a five-session streak.

06 Mar 2026

Freightos Baltic: Hormuz blockade introduces acute operational friction as carriers scramble to divert Middle East volumes

Global east-west container rates remained largely insulated this week as the ongoing post-Lunar New Year demand lull temporarily masked the severe logistical shockwaves emanating from the Middle East.

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