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Latest Analysis / Short-term Global Oil Service

Asia Oil Weekly - Crude and product markets actively evaluating impact from the Iran-Israel conflict

Published: 20 June, 2025

Highlights:

  • Crude: Markets on edge with US on brink of direct involvement in Iran-Israel conflict.
  • Naphtha: Freight and feedstock dynamics heighten market uncertainty.
  • Gasoline: Asian market faces some downside risks from market rumors.
  • Middle Distillates: Geopolitical risks could push diesel cracks higher, but ...

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