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Macro Finance

Oil Tankers Make Fortunes During War as Sinokor Dominates

Bloomberg Markets·August 28, 2026·1 min read

The world’s oil supertankers are making unprecedented sums sailing from the Persian Gulf as Iran keeps attacking ships, with one South Korean shipowner in particular profiting from the situation. The ongoing conflict has driven up shipping rates, creating windfall profits for tanker operators despite the risks.

Read at Bloomberg Markets
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