#VLCC spot rates have broken $1 million a day from the #GulfOfOman as tanker attacks around the #StraitOfHormuz drive risk premiums higher, with #DHTAntelope fixed to #SOil at $1.162 million daily.

#VLCC spot rates have broken $1 million a day from the #GulfOfOman as tanker attacks around the #StraitOfHormuz drive risk premiums higher, with #DHTAntelope fixed to #SOil at $1.162 million daily.
Iraq Moves 2 Million Barrels of Crude through Strait of Hormuz.
PORTS AND SHIPPING
Read More.
maritimecurrentnews.com/iraq-crude-o...
#StraitOfHormuz #IraqOil #OilShipping #VLCC #EnergyTrade #MaritimeCurrentNews
#CharterRates have reached record highs, with #VLCC rates for #PersianGulf to China routes exceeding $1.2 million per day (10:40-11:45). There is also a severe, ongoing depletion of global onshore #oilStorage #oilPrices #shipping
Saudi Arabia denies a $4.5 billion tanker purchase claim as #StraitOfHormuz disruptions and soaring war risk premiums push #VLCC freight rates to $25 million, squeezing #Iraq crude export margins amid severe #maritime #logistics bottlenecks.
Oil Trade Disruption Drives $20 Billion VLCC Buying Spree as Tanker Demand Surges.
Read More.
maritimecurrentnews.com/oil-trade-di...
#OilTrade
#VLCC
#TankerShipping
#OilTankers
#TankerDemand
#GlobalShipping
#MaritimeCurrentNews
Supertanker orders surge $20 billion as US-Iran war reshapes oil routes
https://marthio.com/a/supertanker-orders-surge-20-billion-as-us-iran-war-reshapes-oil-routes