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U.S.-Iran Tensions Threaten to Send Oil Tanker Rates Soaring
Market Intelligence Analysis
AI-Powered
Why This Matters
U.S.-Iran tensions are expected to drive up oil tanker rates, with the current rate for hiring a supertanker on the Middle East-to-China route surging to over $150,000, the highest since 2020.
Market Impact
Market impact analysis based on bullish sentiment with 90% confidence.
Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The ratcheting up of tensions between the United States and Iran could push an already red-hot supertanker market even higher with rates soaring to the highest level since 2019, analysts say. The daily rate for hiring a supertanker on the key Middle East-to-China route has surged threefold since the beginning of the year, to over $150,000. That’s the highest since 2020, per data from the Baltic Exchange cited by Bloomberg. The rally in freight rates for the very large crude carriers (VLCC) capable of carrying around…
Original article published by
OilPrice.com
on February 20, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.