*Walter Bloomberg(@DeItaone):HORMUZ CRISIS SENDS TANKER RATES ABOVE $1 MILLION A DAY Supertanker rates on the Persian Gulf-to-China route have surged to $1.035 million per day, nearly 5x pre-war levels, as traffic through the Strait of Hormuz collapses. Only 17 commodity vessels crossed over the weekend, versus roughly 125 large commercial vessels per day before the conflict.

2026.09.21 11:51

HORMUZ CRISIS SENDS TANKER RATES ABOVE $1 MILLION A DAY Supertanker rates on the Persian Gulf-to-China route have surged to $1.035 million per day, nearly 5x pre-war levels, as traffic through the Strait of Hormuz collapses. Only 17 commodity vessels crossed over the weekend, versus roughly 125 large commercial vessels per day before the conflict.