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#oil-transportation
(2 articles)Shipping & Freight
High ImpactMay 19, 2026Tanker Rates Surge Amid Hormuz Uncertainty, Market Swings Possible
Tanker freight rates have climbed substantially, driven by ongoing supply chain pressures and geopolitical uncertainty surrounding the Strait of Hormuz, one of the world's most critical maritime choke
ZAWYA#tanker-rates#hormuz-strait#shipping-costs
Shipping & Freight
High ImpactApr 21, 2026Shipping Costs Soar 3x: Freight Hits $15/bbl, Insurance Up 3%
Crude oil and petroleum product shipping costs have experienced a dramatic tripling to $15 per barrel, accompanied by a 3% surge in maritime insurance premiums. This significant spike in transportatio
financialexpress.com#freight-rates-surge#shipping-costs#oil-transportation