Asian refined fuel exports slide to multi-year lows amid Strait of Hormuz disruption

Asian exports of refined fuels including jet fuel, diesel and gasoline fell sharply in April 2026 as disruption in the Strait of Hormuz tightened regional supply chains, according to sources citing data compiled by commodity analysts Kpler.

The Strait is a key route for crude and refined products into Asia, the world’s largest energy-consuming region. sources reported that about 80% of pre-war cargoes through the waterway had been destined for Asia.

Combined exports of jet fuel, diesel and gasoline from Asia in April were nearly 3 million barrels per day (bpd) below the average for the three months preceding the conflict.

Jet fuel hit hardest

Jet fuel saw the steepest decline, with Asia’s exports dropping to 596,000 bpd in April from a pre-war average of 1.54 million bpd, the lowest level in Kpler records dating back to 2017.

sources said flows were roughly one-third of pre-conflict levels. India’s jet fuel exports fell to 48,600 bpd from 141,000 bpd, while China’s dropped to 135,000 bpd from 308,000 bpd. The United Arab Emirates shipped no jet fuel in April, down from a pre-war average of 106,000 bpd.

Singapore jet fuel assessments rose 70% to $158.91 per barrel from $93.45 on February 27, the day before the conflict began, sources reported.

Diesel and gasoline exports also decline

Diesel exports from Asia fell to a nine-year low of 2.22 million bpd in April, down from an average of 3.54 million bpd in the prior three months. sources reported that the price of gasoil, a key diesel component, rose 55% to $141.30 per barrel.

Gasoline exports declined to 1.59 million bpd in April from a pre-war average of 2.28 million bpd, according to the Kpler data cited by sources.

sources said the longer the Strait of Hormuz remains closed to most vessels, the more pronounced crude shortages could become in Asia as commercial and strategic inventories are depleted.