Who said you cant triple stamp a double stamp? In an effort to restart ship traffic through the Strait of Hormuz, the US has begun a blockade of any ships going to or out of Iranian ports. Also attempting to secure passage for all other vessels. Effectively showing Iran they won't be able to fire upon vessels moving through the tight passage. Depending upon which news outlet you listen to, it appears to be working. Those countries who depend on Iranian product like China and India, are now forced into the discussions on some type of resolution.
While Diesel is about $.60 off the highs, we still have a long way to go to normalcy, whatever that may look like. We typically talk about buying opportunities for Q3 and Q4 right now, but with the spike we are in, it may not be the most prudent approach. Seasonal users like Marinas, Landscapers, Golf Course, etc… all will open up the season with much higher fuel prices than in years past. With everything increasing on pricing like Lubricants, DEF, fertilizer, paints, you name it! You need a well-informed, fully stocked, and staffed fuel supplier that can assist you navigate this stretch. We are always available to speak directly on your challenges and offer real life solutions.