The upward trajectory of bunker prices, driven by escalating tensions in the Middle East, reversed sharply on April 8 following reports of a two-week ceasefire. “The market has entered a corrective phase after a prolonged rally,” said Sergey Ivanov, Director, MABUX. After an extended period of gains, global bunker indices entered a corrective phase, reflecting […] The post Bunker market reverses as ceasefire triggers price correction appeared first on Container News .