Marasi News · Oil & Gas

Record-breaking tanker rates pile pressure on already high fuel prices

Oil tanker markets sit at the centre of geopolitical turmoil, and this year that has translated into record-breaking freight rates as the conflict in the Middle East drags on. Tankers have been caught up in sanctions reg

hellenicshippingnews...·October 13, 2026·2 min
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Record-breaking tanker rates pile pressure on already high fuel prices

Oil tanker markets sit at the centre of geopolitical turmoil, and this year that has translated into record-breaking freight rates as the conflict in the Middle East drags on. Tankers have been caught up in sanctions regimes and repeatedly targeted in key shipping lanes, including the Strait of Hormuz, Bab al-Mandeb and the Gulf of ...

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