Bloomberg, citing traders, reports ESPO crude from Russia's Pacific coast is being offered at over $20/bbl above Brent on a delivered basis for November loading, roughly double last week's premium. Chinese refiners are buying spot because Iranian supply is blocked by a US naval blockade and Hormuz shipping is disrupted. West African and Brazilian grades have also risen to about $30 over Brent. For a Thai SME, this signals that crude-linked costs (diesel, fuel, petrochemical inputs) may stay high or rise, so review fuel and energy budgets and supplier price terms. The report is based on unnamed traders, so treat the exact figures as indicative.