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Surging tanker rates signal a deepening global energy crisis
Summary by Transport Topics
3 Articles
3 Articles
The profits of the giant oil tankers jumped to about $800,000 a day, with freight routes disrupted by war, the Hermez attacks and the Red Sea, raising the cost of transportation of raw materials and deepening the pressures of the global energy crisis.
Surging Tanker Rates Signal Deepening Global Energy Crisis
Global tanker freight rates are surging to record levels with little respite in sight, a sign of the growing strain in oil markets as traders, shipowners, producers and buyers grapple with a drawn-out conflict in the Persian Gulf and increasingly complex workarounds.
·Morro Bay, United States
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Total News Sources3
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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