Rates for oil tankers hit record high, as more crude passes through Hormuz

T1Covered by 1 source · first reported by Semafor (filter tech) at 09 Oct, 10:06 UTC

It now costs up to $77 million to hire a large tanker to move crude from the US to Asia, up from less than $10 million last year.

Sources

• T1Rates for oil tankers hit record high, as more crude passes through HormuzSemafor (filter tech)09 Oct, 10:06