EnergyHighConfirmedAccelerating
7.4
Hormuz Crisis Drives VLCC Charter Rates to Record $800K/Day
Al Jazeera AR·IR · AE · SA·2 days ago
Maritime traffic through the Strait of Hormuz has fallen to unprecedented lows this week, following intensified attacks in the region. The reduction reflects heightened security risks for shipping, threatening global oil supply chokepoint flows. The trend is likely to persist if attacks continue, with implications for energy prices and supply chains.
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