Super tanker rates hit $524,000 per day in the Strait of Hormuz

Super tanker rates soar to $524,000 per day due to the Middle East conflict.

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The fact

The Strait of Hormuz remains a critical chokepoint for global oil transport.

Shipowners like Sinokor are investing in new vessels to capitalize on this surge.

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Auto-synthesis from 1 media source · identified on August 22, 2026