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Strait Tumbleweed!

Strait silence... But the Asian jet market is weakening as China's export policy remains murky and Dubai buyers disappear!
Published: 15 July 2026
Written by:
Will Cunliffe

Will Cunliffe

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

Edward Hayden-Briffett

Research Analyst, The Officials
Edward Hayden-Briffett
Reviewed by:
Jorge Montepeque

Jorge Montepeque

Head of Benchmarking, The Officials
Jorge Montepeque
Edition: Asia EditionVolume: 3Issue: 133
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Strait silence... But the Asian jet market is weakening as China's export policy remains murky and Dubai buyers disappear!

The Strait is all but empty. One of the only tankers around is the ‘Jersey Devil 404’, likely a fake vessel spoofing its location, as it goes round in circles in the Strait. Some say it may even be an AIS trojan horse, planted by the US Navy… And in the meantime, the US and Iran continue to trade attacks. US sites in Kuwait and Bahrain were hit again by Iranian drones. Trump has never shied away from revealing his plans against Iran in this conflict and now says the US will hit Iranian power plants and bridges next week if the Iranians don’t fold like wet paper.

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

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