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5 hours ago

VLCCs and suezmaxes riding high as peace deal hikes Hormuz flows

VLCCs and suezmaxes riding high as peace deal hikes Hormuz flows

AS MORE cargoes transit the Strait of Hormuz, spot rates for very large crude carriers and suezmaxes are exceeding rates prior to the US-Iran peace deal. Tanker traffic remains significantly constrained versus the pre-crisis period, but more laden... Read more.

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