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Hormuz Strait

Friday, August 28, 2026

File image shows the Chinese-flagged VLCC Cosnew Lake supertanker

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Gulf Oil Tankers Near $650,000 a Day as Iran War Disrupts Flows

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

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Hormuz Strait

Gulf Oil Tankers Near $650,000 a Day as Iran War Disrupts Flows

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Gulf Oil Tankers Near $650,000 a Day as Iran War Disrupts Flows

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