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Tanker Squeeze Adds Insult to Oil Injury amid Iran War

freight_commodity_indices UTC: 2026-03-05 00:00:00

Tanker rates are through the roof, movement through the Strait of Hormuz is severely reduced because of war cover cancellations by insurers, and the combination of these developments has sent oil prices flying. Now, there’s a third factor that would likely aggravate the situat...

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