Middle East Oil Crisis Sends Supertanker Prices to Record Highs

Middle East Oil Crisis Sends Supertanker Prices to Record Highs

Demand for tankers from Middle Eastern oil producers has pushed prices to an all-time high, the Financial Times reported today, saying both new and second-hand very large crude carriers reached prices of over $130 million in the second quarter of the year. Citing data from shipbroking company Braemar, the FT also said the prices for chartering a supertanker for a year have also hit the highest on record. “Physical control of assets is also impor…

Gulf Tanker Demand Soars as Hormuz Risks Intensify

The Gulf Has Oil to Sell. It Cannot Find Enough Ships Willing to Carry It London, 20 August 2026 — EBM Newsdesk Analysis —Nick Staunton The Gulf’s oil crisis is no longer simply about production. It is increasingly about finding enough ships—and owners willing to accept the risk—to carry crude out of the region. Demand for tankers has surged as Middle Eastern producers attempt to keep exports moving despite repeated attacks on vessels around the…

Gulf oil producers drive tanker demand, pushing vessel prices higher: FT

Rising tanker demand from Gulf oil producers may elevate global shipping costs, potentially driving up oil prices and impacting economies. The post Gulf oil producers drive tanker demand, pushing vessel prices higher: FT appeared first on Crypto Briefing .