Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level
Shipping costs have exploded as the war in the Persian Gulf has led to a shortage of available tankers.
Shipping costs have exploded as the war in the Persian Gulf has led to a shortage of available tankers. This story matters for Finance & Markets readers tracking trade. Reported by cnbc.com. Read the full original at the source link below.
Originally reported by cnbc.com. Trade-News.com curates and briefs the finance & markets stories that matter. Our editorial policy →
Get the daily trade signal