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Project…You’re on your own

US and Iran nearing peace...again and Saudi OSPs for June have been released.
Published: 6 May 2026
Written by:
Will Cunliffe

Will Cunliffe

Research Analyst, The Officials
Will Cunliffe
,
Edward Hayden-Briffett

Edward Hayden-Briffett

Research Analyst, The Officials
Edward Hayden-Briffett
and
Spyridon Kokas

Spyridon Kokas

Research Analyst, The Officials
Spyridon Kokas
Reviewed by:
Jorge Montepeque

Jorge Montepeque

Head of Benchmarking, The Officials
Jorge Montepeque
Edition: Asia EditionVolume: 3Issue: 85
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US and Iran nearing peace...again and Saudi OSPs for June have been released.

Trump got tired of ‘Freedom’ and decided it’s up to everyone else to make their own way through the Strait of Hormuz. Is this an attempt at a gesture of goodwill to the Iranians – or just admission of failure…? The headline that the US and Iran are nearing a one-page memo to end the war is the latest in a long line from Axios – we await concrete evidence!

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The Officials publish outright values, spreads, cracks and boxes for the main energy commodities traded in the marketplace. The published values are determined independently and on a fair market basis by our team of dedicated professionals.

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About Asia Edition

Benchmark reports published at the close of the trading day in Singapore.

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