Macro Finance
Oil Tankers Earn $1 Million a Day as War Leaves Ship Shortage
Bloomberg Markets·September 14, 2026·1 min read
The cost of hiring an oil tanker on the industry's benchmark route topped $1 million a day for the first time, as the Iran war leaves too few ships willing to cross the Strait of Hormuz to collect cargoes. The shortage has driven charter rates to record levels.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.