The war in Iran increased the rent of oil tankers 5 times; The profit margin of Asian refineries became negative

The increase in the cost of transporting crude oil due to the disruption in the flow of oil in the Middle East has increased the price of oil tankers on the route from the Persian Gulf to Asia to about 36 dollars per barrel and has put pressure on the profit margins of Asian refineries.

Ambassador Arjan-Economic Group: The International Energy Agency announced that Asian refineries faced the highest oil transportation costs, and the increase in the cost of delivered crude oil pushed the profit margins of refineries that process medium sour crude oil into the negative range in September.

According to the announcement of the International Energy Agency, the transportation rate of a very large oil tanker on the Middle Eastern Persian Gulf route to Asia has increased to about 36 dollars per barrel until early October; A figure that is more than five times the cost before the war (imposed against) Iran.

This cost increase has put significant pressure on Asian refineries; Because the cost of transporting crude oil is an important part of the final cost of providing feed to refineries.

The International Energy Agency said refiners could offset some of the decline in Middle East oil supply by buying U.S. crude, but the cost of transportation that way has also increased.

The price of oil tankers from the US Gulf Coast region to China has exceeded 37 dollars per barrel. Therefore, the use of alternative sources does not necessarily lead to a reduction in the cost of crude oil supply.

According to the Investing report, rising costs of crude oil delivery caused the profit margins of Asian refiners that process medium sour crude oil to reach negative territory in September.

This situation has occurred in a situation where the disruption in the flow of oil from the Middle East has changed the crude oil trade routes and increased the cost of transportation for buyers who are further away from the producing areas.

For Asian refiners, the combination of high crude oil prices and unprecedented tanker rates means the cost of securing alternative sources could remain high; Even as refineries move away from traditional Middle Eastern cargoes.

The continuation of this trend can further reduce the profit margin of refineries and affect the cost of supplying petroleum products in Asian markets.

America's military aggression against Iran once again raised one of the most fundamental puzzles of the theory of international relations and bargaining in crisis: why does a country with less material capability not fall short against a coalition of superior military powers and not give in to their imposed demands?

The importance of Mersheimer's words lies in the question that lies in the heart of his analysis: what is the distance between the ability to cause damage and the ability to force the other party to change their behavior? These two are sometimes mistakenly considered the same in the power literature. A country may be able to destroy the other party's infrastructure, but this does not mean that it can change the political decision of the other party to the same extent.

In this program, one of the series of analytical meetings of "Gazagah", we are hosted by Mr. Ali Bagheri, the secretary general of "Ahed Iran" party, to discuss the lessons and lessons that the two imposed and aggressive wars of 12 and 40 days have for Iran's governance system. The need for change in governance methods and the priorities of this change, as well as the dangers and threats of this action, are among the most important axes of this dialogue.