13 Apr 2026

03:23

  • Bitumen 60/70

    444$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

  • Bitumen 60/70

    444$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

  • Bitumen 60/70

    424$

    +

    -

    15$

    FOB Bandar Abbas - Jumbo Bag

    1.4%

  • Bitumen 60/70

    409$

    +

    -

    15$

    FOB Bandar Abbas - Flexitank

    0%

  • Bitumen VG10

    435$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

  • Bitumen VG30

    436$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

  • Bitumen VG40

    438$

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    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

  • Bitumen C170

    439$

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    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

  • Bitumen C320

    438$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

  • Bitumen AH70

    428$

    +

    -

    15$

    FOB Bandar Abbas - Jumbo Bag

    1.4%

  • Bitumen PG 76-10

    616$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.0%

  • Bitumen 200/300

    434$

    +

    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.4%

  • Bitumen Oxidized 115/15

    398$

    +

    -

    15$

    FOB Bandar Abbas - Carton 25KG

    1.5%

  • Bitumen Oxidized 105/15

    398$

    +

    -

    15$

    FOB Bandar Abbas - Carton 25KG

    1.5%

  • Bitumen Oxidized 85/25

    400$

    +

    -

    15$

    FOB Bandar Abbas - Carton 25KG

    1.5%

  • Bitumen Oxidized 95/25

    400$

    +

    -

    15$

    FOB Bandar Abbas - Carton 25KG

    1.5%

  • Bitumen Emulsion CRS-1

    582$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    1.0%

  • Bitumen Emulsion K1-60

    582$

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    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    1.0%

  • Bitumen Emulsion CRS-2

    625$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    1.0%

  • Bitumen Cutback MC70

    636$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    0.9%

  • Bitumen Cutback MC30

    651$

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    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    0.9%

  • Bitumen Cutback MC250

    622$

    +

    -

    15$

    FOB Bandar Abbas - Reconditioned Drum

    1.0%

  • HSFO CST 180

    559$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    -2.3%

  • HSFO CST 380

    554$

    +

    -

    5$

    FOB Bandar Abbas - Bulk

    -1.6%

  • HSFO CST 180

    633$

    +

    -

    5$

    FOB Singapore - Bulk

    -2.2%

  • HSFO CST 380

    628$

    +

    -

    5$

    FOB Singapore - Bulk

    -1.4%

  • Crude Oil Dubai

    119.76$

    +

    -

    5$

    FOB UAE - Bulk

    4.0%

  • Crude Oil WTI

    104.62$

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    -

    5$

    Texas - Bulk

    4.3%

  • Crude Oil Brent

    102.76$

    +

    -

    5$

    London - Bulk

    4.7%

Have Markets Mispriced the Danger of an Iran Escalation?

codarx

codarx

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Update date: 2026/02/23

Last September I produced a brief survey of major conflict across the globe in which I wrote the following about the conflict with Iran and Israel, one which is now referred to as the 12-Day War: “[T]here is every reason to believe that the conflict between Israel and Iran is not over and that the United States may be drawn in again.” It appears the next phase of this war is about to begin. In fact, by the time you read this, attacks may already have begun. It puzzles me that the rest of the world has treated the run-up to this second phase of…

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