VLCC Freight Rates Hit Record High, Reuters Says

Reuters reported: Oil tanker freight rates hit record highs.

RoydadNaft – Reuters reported: Oil tanker freight rates hit record highs.

Very large crude carrier freight rates have climbed to a record on the Worldscale index, reaching about 450 points, or roughly $11.50 a barrel, Reuters reported.

That is the highest level since the index began publication early this year, after the U.S.-Israel war with Iran started, Roydad Naft reported, citing Reuters.

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