# 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.

- Published: 2026-09-19T13:30:02.892Z
- Updated: 2026-09-19T13:30:02.892Z
- 1 source
- Topics: Economy, business and finance
- Involves: Clarksons, Oil tankers crossing the Strait of Hormuz, diesel

## How it developed

- 2026-09-19T13:30:02.892Z - LiveMint: [Iran war sends oil tanker rates past $1 million a day: Who is paying the bill and who is making money? | Today News](https://www.livemint.com/news/world/iran-war-sends-oil-tanker-rates-past-1-million-a-day-who-is-paying-the-bill-and-who-is-making-money-11789819050960.html)

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