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economicOct 6, 2026

The $1 Million Tanker Was Just The Start: Every Crude Freight Index Hits Record High As Hormuz "Works" Too Well

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The $1 Million Tanker Was Just The Start: Every Crude Freight Index Hits Record High As Hormuz "Works" Too Well Just when we thought crude tanker rates couldn't go any higher, they did - again. A week ago, a record million dollars a day charter for a supertanker was the punchline. Now ...

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  • Tyler DurdenBy Tyler Durden

    The $1 Million Tanker Was Just The Start: Every Crude Freight Index Hits Record High As Hormuz "Works" Too Well Just when we thought crude tanker rates couldn't go any higher, they did - again. A week ago, a record million dollars a day charter for a supertanker was…

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