# Asia fuel oil benchmarks slump as market prices in potential Iran war de-escalation

> Asian fuel oil benchmarks fell sharply this week, with the Dubai-basis HSFO crack moving to a $2.29 discount from a $5.34 premium at the start of the week. Traders priced in higher Middle Eastern supply after Democrats won control of Congress, and UAE fuel oil exports to Singapore and Malaysia reached an eight-month high in October.

- Date: 2026-11-05 · published 2026-11-05T15:08:03.571Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/81916-asia-fuel-oil-benchmarks-slump-as-market-prices-in-potential-iran-war-de
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Softer residual fuel prices lower bunker and refinery feedstock costs, while the expected return of Middle Eastern crude supply weighs on the broader crude complex.

## Read by commodity

- BRENT: bearish ▼

## Sources

- marketscreener.com: https://www.marketscreener.com/news/asia-fuel-oil-benchmarks-slump-as-market-prices-in-potential-iran-war-de-escalation-ce785fdcdd8eff22

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.