Rates For Tankers To India Rise By 150 Percent As West Asia Crisis Escalates
Daily charter hire rates for tankers to India have more than doubled to $250,000 in about two weeks. This happened as escalating hostilities in the Red Sea and Strait Of Hormuz push up the cost of shipping oil to the world’s third-largest oil importer.
#redsea #india #hormuz #babalmandab #iran #saudiarabia #crudeoil
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