Insights / i-Dots note
Tanker market systemic shock continues with attacks in Hormuz
By Mukesh Sahdev Visit author profile
Iranian attacks have reached tankers off Oman, at least 10 empty VLCCs and several Supermaxes bound for Fujairah have stopped or turned back. All key routes for dirty tankers are at 60 day highs. VLCC rates are up ~195% month-on-month (TD3c/TD22 $228.73/mt vs a 60-day low of…
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