Oil tanker rates hit record highs as US-Iran shipping attacks escalate in Persian Gulf

Oil tanker rates have reached record highs as shipping attacks between the US and Iran escalate within the Persian Gulf. Supertanker rates have surged to $800,000 per day due to these rising tensions. The conflict is disrupting global energy supply chains, which is driving up overall costs and increasing geopolitical instability in the region. These developments reflect the severe impact of the ongoing maritime confrontations on the international shipping market and energy logistics.