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Oil Tanker Booked in Gulf at 897% of Benchmark Freight Rate

Bloomberg

BusinessBloomberg·Jun 24, 2026·1 min read

Oil Tanker Booked in Gulf at 897% of Benchmark Freight Rate

A supertanker has been provisionally booked to transport oil from the Persian Gulf to India at a rate equivalent to almost nine times benchmark freight costs, an eye-watering price that reflects the shortage of available, empty vessels in the area.

View original source — Bloomberg ↗

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