CNBCCenter
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2026-10-10 15:32
Rates for oil tankers hit record high, as more crude passes through Hormuz
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First reported by Semafor (Center); 2 outlets over 8h.
Semafor · +8h CNBC
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- CNBCCenter
The escalating attacks are testing whether a rebound in crude oil exports from the Middle East can be sustained under high risk conditions.
Read at cnbc.com → - SemaforCenter
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.
Read at semafor.com →
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