Oil Tanker Rates Soar 40% on Risk Premium Gains

Spot rates for Very Large Crude Carriers (VLCCs) transporting oil from the Middle East to Asia have surged ~40% since June 13. This spike reflects increased operating costs and a heightened risk premium, even as actual oil flow remains stable

Source: reuters.com

June 19, 2025
5:18 am

Latest news

On June 23, 2025

Gulf Bourses...

Gulf stock markets showed resilience despite regional uncertainty. Saudi’s TASI...

On June 23, 2025

Indian Rupee...

Rising energy costs—Brent crude closing at ~$77/barrel—prompted fear over capital...

On June 23, 2025

U.S. Dollar...

Following U.S. airstrikes on Iran’s Fordow nuclear facility, markets turned...

On June 22, 2025

UAE Launches...

The UAE introduced updated crypto regulations to support tokenization and...

On June 22, 2025

Strait of Ho...

Analysts warn that disrupting the Strait of Hormuz—through which over...

On June 22, 2025

U.S. Rate Pa...

The U.S. Federal Reserve maintained interest rates, and amid heightened...

On June 22, 2025

Fintech Plat...

Foreign investment in Gulf equities has surged—trading activity has more...

On June 22, 2025

Crypto Marke...

Markets reacted sharply after U.S. strikes on Iran’s nuclear facilities:...

On June 21, 2025

Bitcoin Marg...

Bitcoin ticked up ~1.3% to $106,800, recovering from earlier losses caused...

On June 21, 2025

Temporary Ma...

Markets steadied as President Trump opted to delay U.S. military...