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Breaking Posted 3 hours ago

Supertanker freight rates surge tenfold amid Persian Gulf supply shock

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Supertanker charter costs have jumped to $76 million from pre-war levels as geopolitical tension in the Persian Gulf restricts available capacity. Energy shipping disruptions typically flow through crude prices and downstream inflation, affecting CAD via oil and EUR via energy-cost pass-through. Traders monitor whether this sustains or normalizes.
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