Refined Products, Crude Oil, Diesel-Gasoil, Jet Fuel

July 23, 2026

Asia product markets in focus amid Strait of Hormuz uncertainty

HIGHLIGHTS

Asian refined product demand stays resilient

Geopolitical risks impact freight and trade

Renewed tensions surrounding the Strait of Hormuz have refocused attention on supply security, freight costs and export flows across Asian refined products markets. While demand for gasoline, gasoil, jet fuel and naphtha remained broadly resilient, market participants are once again assessing the risk of disruptions to Middle Eastern exports and their impact on regional trade flows.

In this episode of the Platts Oil Markets Podcast, Jonathan Nonis, associate editorial director, is joined by Wanda Wang, Rachelle Teo and Joshua Ong of the Asian oil product editorial team to discuss how renewed geopolitical uncertainty is influencing gasoline, gasoil, jet fuel and naphtha markets in the region, the implications for supply, freight and arbitrage economics, and how buyers and sellers are adapting to a more volatile trading environment.

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