Iran war sends oil tanker rates past $1 million a day: Who is paying the bill and who is making money? | Today News
The cost of hiring a large crude carrier to transport oil from the Persian Gulf to China, which must pass through the Strait of Hormuz, reached $1.035 million per day this week, according to Baltic Exchange data cited by Fortune.
LiveMint1 source1 min readFiled September 19, 2026