Continue Reading
Full article on OilPrice.com
Supertanker Market Heats Up With War Premium Back in Play
Market Intelligence Analysis
AI-Powered
Why This Matters
The supertanker charter market has experienced a significant surge due to the potential U.S. military campaign in Iran, resulting in the highest daily rates in nearly six years.
Market Impact
Market impact analysis based on bullish sentiment with 95% confidence.
Sentiment
Bullish
AI Confidence
95%
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 supertanker charter market has become red-hot this year as the specter of a U.S. military campaign in Iran has added to a number of other bullish factors to push daily rates to the highest in nearly six years. The daily rate for hiring a very large crude carrier (VLCC), capable of shipping 2 million barrels, on the key Middle East Gulf to China route (MEG-China) this week topped $200,000. That’s the highest daily rate since early April 2020, when Saudi Arabia and Russia were flooding the market with crude in the brief price war amid plunging…
Original article published by
OilPrice.com
on February 26, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.