Iran loaded zero crude oil in September, Bessent says
The headline indicates a sharp disruption in Iranian crude oil loading, implying reduced crude supply from Iran.
Source →The trace
How it reaches your house.
Starting from Canadian crude oil imports, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Marine Diesel and Bunker Fuel →DelaysShips
The supply squeeze has already lengthened ship refueling waits at Zhoushan to one to two weeks, directly delaying vessel operations.
“Ships are being forced to wait significantly longer to refuel at China’s top bunkering hub of Zhoushan, where the fallout from the US-Iran war has tightened supplies and pushed up prices.”
90% confidenceCited →Marine Diesel and Bunker Fuel →Prices riseFishing and seafood supply chains are highly dependent on marine diesel and bunker fuel, so a tight fuel market raises their operating costs and end prices.
89% confidenceCanadian crude oil imports →Prices riseHop 2
Jet fuel →Prices riseGulf Coast crude oil feedstock (jet fraction)
Jet fuel is critically dependent on this crude feedstock, so a sharp drop in Iranian crude loading should tighten upstream crude markets and raise the feedstock cost.
86% confidence
Where it lands
What you buy, and what you own.
Goods you buy
Seafood and fish · Jet fuel
Companies you may own
No named companies on this path.
Tap a company to see what it told the SEC could break it.
In the MyPRIA app, this is checked against your own holdings.