The speaker stated that following the lifting of sanctions, freight, transportation, and insurance related to such transactions would no longer be subject to restrictions. This claim remains unverified pending official confirmation.
The $1 Million Tanker Was Just The Start: Every Crude Freight Index Hits Record High As Hormuz "Works" Too Well
Summary
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 ...
Actors involved
Sources
- 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…
See this event through different lenses
Compare how Western, Iranian, Israeli, Global South, and Pro-Peace perspectives frame this event.
Compare PerspectivesCommunity Notes
Community Notes
Loading notes...
Related events
The US Department of Energy has announced the identities of the companies designated as counterparties and buyers. These firms are set to participate in the specified transactions, though further details regarding the scope of their involvement remain to be confirmed.
The speaker noted that the trade balance with Thailand, a significant market, is becoming more balanced. He suggested that this topic could be further discussed in conjunction with EAEU partners.
The Islamic Revolutionary Guard Corps (IRGC) stated that two vessels, each reportedly carrying approximately two million barrels of crude oil, utilized an unauthorized route.