Argus Media

This podcast explores how the ongoing conflict in the Middle East has disrupted global tanker markets, with a focus on both crude and clean petroleum product (CPP) shipping.

The discussion focuses on the impact of the US–Iran war on freight rates, trade flows, vessel movements, supply chains, and the outlook for tanker markets in Asia and globally.

On this week’s Strait Talk, we dive into the geopolitical headwinds facing a US–Iran deal, with Israel and Lebanon at the centre of the challenge.

Hear Argus’ essential analysis fertilizer demand destruction, as the impact the Middle East conflict continues to shake global markets. This episode focuses on what demand destruction is, why it’shappening and how the ripple effects could hit North America, South America and Europe.

We also explore whether farmers are delaying application, if crop margins are collapsing, food inflation – and how governments are responding.

Join Mike Nash, Senior Editor – Fertilizers, Claudia Wlk, Editor – Argus European Fertilizer, Taylor Zavala, Deputy Editor – Argus North American Fertilizer and Renata Carderelli Gabrielli, Editor – Argus Brazil Grains and Fertilizer as they discuss these topics in the latest episode of Argus' Fertilizer Matters podcast series.

In episode one of “Oil in Focus” David notes a weakening oil complex since mid-May, despite scant progress in re-opening the Hormuz Strait. He suggests that Iran may struggle for widespread acceptance of proposed transit fees, leaving commodity flows minimal. But there’s evidence that demand restraint and stock draws for now are capping price rises.

Hear Argus’ essential analysis of the what’s driving Australia’s phosphate market, focusing on the impact of the Middle East conflict, current market dynamics, Australian’s phosphate projects, import trends, how Argus’ weekly MAP 10-50 fca Geelong price assessment has reacted and Australian market sentiment on next season.

Join Tom Hampson, Global Editor – Phosphates and Susy Cornford, Market Reporter – Fertilizers as they discuss these topics in the latest episode of Argus' Fertilizer Matters podcast series.

Key questions answered in this podcast:

• How are the fundamentals of the Australian phosphate market developing?
• What changes have there been around Phosphate Hill?
• What are the latest updates on Australian phosphate projects including PRL's Ardmore site, Avenira, Ammaroo, and Northwest Phosphate?
• Australia is also a significant importer of phosphates - how are imports looking so far this year?
• How significant is the impact of the US-Iran war?
• Has Argus’ weekly MAP 10-50 fca Geelong price assessment reflected the global price trend?
• What is Australian sentiment on next season?

Related links

• Argus Phosphate price reporting service | More info | Request trial
• More information: Phosphate short and mid to long-term outlook services
• Free newsletter sign up: Argus Fertilizer Market Highlights
• Fertilizer Matters podcast series

 

In this episode, George Maher-Bonnett (Deputy Editor — European Products Report) is joined by Atishya Nayak (Senior Gasoline Reporter - European Products Report) and Jide Tijani (Naphtha Reporter — European Products Report) to examine how the US driving season and the US–Iran conflict are influencing gasoline and naphtha markets in Europe — from exports and arbitrage shifts to blending economics and supply disruptions.

Key themes

• Price swings: Gasoline–naphtha spread jumped to $270/t in May, a three‑year high
• European exports to US hit an 11‑month peak as freight costs collapsed
• Drivers of volatility: US–Iran conflict, summer‑grade transition and rebound in ARA blending

Outlook risk: Tighter VGO supply, weak West African pull and narrowing US arb

In this episode of Driving Discussions, Argus editors Jared Ainsworth, US gasoline editor, and Stephanie Crawford, associate editor and US Atlantic coast gasoline reporter, analyze how the US–Iran conflict has rapidly reshaped gasoline fundamentals ahead of the summer driving season. What began as a well-supplied market has tightened significantly, with exports rising, imports lagging, and regional imbalances emerging across key hubs. The discussion unpacks the evolving impact on pricing, flows, and blending behavior across US gasoline markets.

Key Takeaways

• Tightening supply:S. gasoline inventories fell more than 16% since late February, signaling a sharper-than-normal seasonal draw.
• Global pull on barrels: Strong export demand—up ~32% vs. the five-year average—has redirected Gulf Coast supply into international markets.
• Shifting regional balances: Early Atlantic Coast tightness gave way to late-spring oversupply as imports and pipeline flows rebounded while demand lagged.
• Policy impacts: Jones Act and EPA waivers reshaped flows and blending dynamics, with limited Northeast relief but increased Gulf Coast-to-West Coast shipments.
• Atypical pricing signals: RBOB spreads widened despite regulatory flexibility, reflecting stricter blending behavior and altered summer demand patterns.

Stay ahead of evolving gasoline market dynamics with Argus’ expert analysis on pricing, flows, and regulatory impacts shaping the summer 2026 outlook.

Hear Argus’ essential analysis of China’s potash market, focusing on China’s 2026 MOP contract, developments in China’s domestic market, importer and trader pricing, China’s domestic dual pricing system, impact of the Middle East War and expectations for China’s 2027 MOP contract.

Join Huijun Yao, Editor – Asia Fertilizers and Johanna Jing, Market Analyst, Phosphate, Potash and NPKs, as they discuss these topics in the latest episode of Argus' Fertilizer Matters podcast series.

Key questions answered in this podcast:

• What impact has China’s 2026 MOP contract had?
• What are the latest developments in China’s domestic potash market?
• Why are major importers keeping their prices steady, despite traders’ prices softening slightly?
• What influence does China’s domestic dual pricing system have?
• How is the Middle East war and its impact affecting Chinese importers’ views on this yea’rs MOP supply?
• What are the expectations for China’s 2027 MOP contract?

Related links

• Argus Potash price reporting service | More info | Request trial
• Argus NPKs price reporting service | More info | Request trial
• More information: Potash short and mid to long-term outlook services
• Free newsletter sign up: Argus Fertilizer Market Highlights
• Fertilizer Matters podcast series

 

 

In this special podcast episode, our experts take a closer look at how the Hormuz situation is unfolding — from the implications of Iran’s evolving stance on transit and tolls, to the impact of US enforcement measures — and what it all means for oil flows, regional trade dynamics, and global market sentiment in the weeks ahead.

Türkiye’s emissions trading system (ETS) pilot phase has been delayed by a year and is now expected to start from early 2027. 

In this episode, Erisa Senerdem speaks with Oğuz Tosun, CEO of Climate Balanced, on the system’s setup, challenges, and timelines. They also discuss whether Türkiye’s role as host of COP31 could accelerate the launch of the pilot phase, and what prices might look like once the market starts operating.

Tune in for expert insights on:

• Türkiye ETS compliance set up, challenges

• Offsetting: national, other carbon credit standards

• How Cop-31 may accelerate Türkiye’s ETS launch

• What could Türkiye ETS prices look like?
  
  

Learn more about the Argus Carbon service