Shipping industry fears fuel shortages as Iran war squeezes bunker fuel supply (opens in new tab)

Tugboats assist a container ship as it prepares to dock at the Manila International Container Terminal at the Philippine capital April 8, 2025. (AP Photo/Aaron Favila, File)2026-05-12T07:21:13Z BANGKOK (AP) — Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war ‘s closure of the Strait of Hormuz has choked off the supply of this fuel that powers the global maritime industry and its largest refueling hub in Asia.Bunker fuel is a literal botto...