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global shipping lanes

Why VLCC Rates Went Ballistic And How They Could Go Even Higher

September 13, 2026 by Omar El Sayed - World Editor

Very large crude carrier spot rates surged past historic highs, reaching near $1m per day on benchmark routes amid severe Middle East conflict escalation, tanker attacks near the…

Categories World Tags Baltic Exchange, global shipping lanes, Gulf of Oman, Middle East conflict, Strait of Hormuz, supertanker spot rates, Very Large Crude Carriers Leave a comment

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