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Super Tanker Charter Rates Soar on Persian Gulf Route ...Middle East
Managers and owners of oil tankers are wary of offering their vessels for routes around the Middle East as the intensifying conflict between Israel and Iran increases fears of disruption to oil flows. Since Friday, when Israel launched a coordinated attack on Iranian nuclear sites, there have been few offers for producers and traders that want to book tankers to ship crude from the Gulf, anonymous shipbrokers and charterers told Bloomberg on Monday. The start of the conflict caused freight rates to jump and vessel owners to be hesitant…
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