Korea drosselt seine Treibstoffexporte in die USA angesichts der Unsicherheiten über den Iran-Krieg und leitet die Treibstoffströme mit höheren Margen nach Japan um
https://www.koreajoongangdaily.com/business/korea-slashes-jet-fuel-exports-to-us-amid-iran-war-uncertainties-redirects-flows-to-japan-on-higher-margins/12699208
8 Kommentare
That’s okay. The US president likes inflation. Jet fuel going even higher is a good thing. /s
40% less export from Korea to the USA.
But even more interesting than this significant decline is how much the USA relied on South Korean jet fuel:
> Historically, the United States has relied on Korea for roughly 70 percent of its total jet fuel imports
Unfortunately more government handouts to airlines are more likely than ending the Iran war, I am afraid.
Every country in the world is going to change clients to chase better margins.
Bold move considering how scared they are of the north.
The American president’s dumbass actions and disregard for allies is coming home to roost; much more of this to coming on the next couple of years.
Yet another domino Trump had no capacity to predict before deciding to start this BS war
Japan is the only country in Asia that is subsidizing gas prices to 170 yen/L when it should be closer to 210 yen/L for several months now. There was news that oversea fishermen would plan on refueling in Japan since it’s the cheapest price within East Asia.
In 2025 we imported 120,000 barrels per day of jet fuel, of which 82,000 per day came from Korea.
We also exported 219,000 barrels per day, we the US is a net exporter of jet. I’m going to assume that the imports are to the West Coast and the exports are from the East and Gulf Coast