Hormuz Escalation Pays Refiners And Tankers Again (NYSEARCA:XLE)

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Explosive rise in the cost of transporting oil from the Persian Gulf to Asia – Greek shipowners also in the game of “dark passages” The revenues of very large tankers (VLCC) on the route from Saudi Arabia to China have soared to all-time records, reaching 647,000 dollars per day according to […] The post Big deals for a few in Hormuz - Historical records in tanker freight rates, 650,000 dollars/day - They are building brand new tankers with few …