Back to News
Market Impact: 0.42
Aster Turns to Latin America, Africa as Mideast Oil Flows Falter
Source: Bloomberg
Energy Markets & PricesGeopolitics & WarTrade Policy & Supply ChainCommodities & Raw Materials
Singapore refiner Aster Chemicals and Energy is sourcing crude from Latin America and West Africa to replace Middle Eastern supply constrained by the Iran war. The shift highlights war-driven disruption to regional oil flows and could raise procurement and freight costs for Asian refiners while supporting demand for Atlantic Basin crude.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.35
More News
- CENTCOM reportedly has plans for Iran strikes: Will Trump approve them?
- Saudi Arabia intercepts missiles and drones as fighting with Houthis rages
- Israelis hold final rally against Netanyahu ahead of what may be the most consequential election in the country’s history
- Brookfield to open Qatar office as it expands Middle East operations
- First Russian diesel tanker heads to New York after Trump's deal with Putin to lower fuel prices
- Saudi Arabia intercepts drones and missiles as fighting with Yemen’s Houthis continues