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World Running Short of Supertankers Threatens Long-Haul Oil Flow

A shortage of supertankers, driven by the US-Iran conflict and a South Korean tycoon's big shipping bet, has pushed freight costs to record highs, adding about $26 a barrel (roughly a quarter of WTI's price) to Houston-to-Asia shipments.

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Bloomberg

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World Running Short of Supertankers Threatens Long-Haul Oil Flow

The soaring cost of moving oil around the world is making some long-distance crude trades uneconomical, threatening to disrupt flows at a time when fuel markets have never been tighter.

1 hour ago·New York, United States

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DiarioBitcoin

Pressure on Supertanks Threatens Global Oil Flow

The lower availability of supertanks and the record increase in freight rates are calling into question the profitability of some long-distance crude shipments, especially to Asia. Although the market still assigns a low probability to an immediate new historical peak, the bets by the end of 2026 reflect a growing concern about possible logistical constraints.

2 hours ago

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