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Macro Finance

Mercuria Says Rival Fears Made Baltic Keep Disputed Tanker Rate

Bloomberg Markets·October 26, 2026·1 min read

Commodity trader Mercuria Energy Group accused the Baltic Exchange of continuing to publish the world's benchmark oil tanker rate, despite distortions caused by the Iran war, because it feared losing business to a competitor. The accusation highlights concerns over the accuracy of the benchmark.

Read at Bloomberg Markets
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