[ORGANIZATION]
Braemar
Featured in 2 tracked stories · first seen
Situations
Strait of Hormuz maritime security and VLCC rate crisis
6 clusters · 14 sources · last updated
Latest: Oil supertanker rental costs exceed $1.2 million daily
The crisis in the Strait of Hormuz has driven Very Large Crude Carrier (VLCC) charter rates to historic highs. By late September 2026, daily rates for the Middle East–Asia route exceeded $1.2 million, a spike more than t