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Iran sets supertanker ablaze after US takes out ship breaking blockade
Middle East supertanker markets face a massive squeeze as geopolitical tensions collide with surging daily spot rates.
2 trends tracked about this subject — the full history, oldest to newest below.
Middle East supertanker markets face a massive squeeze as geopolitical tensions collide with surging daily spot rates.
Very Large Crude Carrier (VLCC) rates have hit unprecedented record highs following shipping attacks involving Iran and the United States.