Every story we've covered involving oil-tanker-rates.
Oil tanker freight rates have surged to record levels as heightened risks to shipping through the Middle East force traders and shipowners to adopt longer, costlier routes. Concerns about attacks tied to an escalating U.S.-Iran tanker conflict in the Persian Gulf and Gulf of Oman, plus Saudi Arabia rerouting cargoes north via the Red Sea and Egypt, have tightened vessel availability and driven prices up.
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