{
  "id": 14924946,
  "title": "Asian refiners face margin squeeze from record tanker costs",
  "url": "https://urgent.news/2026/10/16/asian-refiners-face-margin-squeeze-from-record-tanker-costs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T10:00:50.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/asian-refiners-face-margin-squeeze-from-record-tanker-costs/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The cost of shipping oil in supertankers has reached record highs, putting pressure on profit margins for Asian oil refiners who rely heavily on Middle Eastern crude, the International Energy Agency said in a monthly report. Asian refiners have encountered the highest transportation costs as cargoes move through the Strait of Hormuz to secondary tankers ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}