Energy

Marine Fuel Sales Dip on Trade Worries

Sales of bunkering fuel at top hubs around the world have slowed down due to growing geopolitical uncertainty and Trump’s tariff offensive, Reuters has reported, citing industry sources it did not name. Marine fuel sales at Singapore and Fujairah—the world’s biggest and third-biggest refueling hubs—totaled 9.78 million tons over the first two months of the year. This was 9% less than the total for the two months in 2024, according to official figures cited by Reuters. “There has been a bit of a slowdown in demand as…

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Categories: Energy