Oil Tanker Rates Soar Near $650,000 Daily as Iran War Disrupts Shipping

Earnings for oil tankers on key global routes have spiked dramatically due to shipping disruptions caused by the ongoing conflict in Iran and strategic shifts by major industry players.

28 Aug, 13:07 — 28 Aug, 13:07

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bloombergHigh3d ago

Gulf Oil Tankers Near $650,000 a Day as Iran War Disrupts Flows

Earnings for ships on the world’s benchmark oil tanker route approached $650,000 a day as the Iran war and a bold bet by a South Korean tycoon continue to reshape how barrels are transported across the globe.

By Alex Longley and Archie Hunter

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Oil Tanker Rates Soar Near $650,000 Daily as Iran War Disrupts Shipping

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Gulf Oil Tankers Near $650,000 a Day as Iran War Disrupts Flows

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