The conflict between the US and Iran continues to escalate, and surveillance shipping in the Strait of Hormuz has almost come to a standstill. As a result, Asian refineries are increasing purchases of US crude oil. Three executives responsible for exporting US crude oil and connecting with Asian refineries have revealed that they have restarted negotiations on spot shipments of US crude oil; since they have not been authorized to speak out against the outside world, the relevant persons requested anonymity. Previously, a large amount of crude oil from the Middle East poured into the spot market, and related negotiations came to a standstill for a while, and the market's procurement demand for US oil cooled down. Now that the cease-fire agreement has basically been abandoned, the Middle East crude oil export channel is facing huge risks, and buyers are once again actively seeking to buy US oil. Recently, there have been frequent attacks on merchant ships, and the US has reinstated the maritime blockade of Iranian ports; President Trump also proposed that all goods passing through the Strait of Hormuz through US security must pay a 20% toll. According to current oil prices, an oversized tanker will have to pay about 30 million US dollars for a single pass. Compared to the early days of the war, Iran only charged about 2 million US dollars for a single flight during the same period.

The conflict between the US and Iran continues to escalate, and surveillance shipping in the Strait of Hormuz has almost come to a standstill. As a result, Asian refineries are increasing purchases of US crude oil. Three executives responsible for exporting US crude oil and connecting with Asian refineries have revealed that they have restarted negotiations on spot shipments of US crude oil; since they have not been authorized to speak out against the outside world, the relevant persons requested anonymity. Previously, a large amount of crude oil from the Middle East poured into the spot market, and related negotiations came to a standstill for a while, and the market's procurement demand for US oil cooled down. Now that the cease-fire agreement has basically been abandoned, the Middle East crude oil export channel is facing huge risks, and buyers are once again actively seeking to buy US oil. Recently, there have been frequent attacks on merchant ships, and the US has reinstated the maritime blockade of Iranian ports; President Trump also proposed that all goods passing through the Strait of Hormuz through US security must pay a 20% toll. According to current oil prices, an oversized tanker will have to pay about 30 million US dollars for a single pass. Compared to the early days of the war, Iran only charged about 2 million US dollars for a single flight during the same period.