Oil supertankers in Gulf are renting for $500,000 per day: Report
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Source: Middle East Eye
Published: 2026-08-20 14:39 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Energy, Economy & Finance, Financial Markets, Business & Economy, Asia Pacific
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Snippet:
Supertanker owners are getting paid $510,000 per day to bring crude oil from the Gulf to Asia, in a sign of high demand for vessels to transit the waterway as fighting rages in the region and alternative routes take supply from the market.
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