Macro Finance
Gulf Oil Tankers Near $650,000 a Day as Iran War Disrupts Flows
Bloomberg Markets·August 28, 2026·1 min read
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 global oil transportation. The surge reflects disrupted flows and heightened demand for tankers, driving rates to record levels amid ongoing geopolitical tensions.
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