Financial Ports

Strait of Hormuz Hit: $800k-a-Day Tankers Now Disabled in War Zone

CLAVE 1 / 468 incidents recorded in the Strait of Hormuz since conflict escalated six months ago.

CLAVE 2 / 420 seafarers killed, 35 wounded, and one missing in attacks averaging three casualties per week.

CLAVE 3 / 4Spot charter rates for VLCCs hit $800,000 per day as traders exploit discounted Gulf crude.

CLAVE 4 / 4The latest strike left an unnamed tanker disabled nine nautical miles northeast of Ash Shishah.

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