Record Tanker Rates Cripple U.S. Crude Oil Flows to Asia
The Iran war has made oil tanker voyages so inefficient that vessel availability has crumbled and freight costs have soared to record-highs, all but erasing the incentive for shipping crude oil from the U.S. Gulf Coast to Asia.
Original · OilPrice.com AI summary of public reporting
Loading market data…
Recent signals
No matching events
Prices since publication
At publication → CurrentCL103.48 → 103.25−0.2%
BRENTOIL111.56 → 111.33−0.2%