Business

Oil Tankers Return to Strait of Hormuz Amid High Payouts

Updated 2026-06-23 20:40 UTC 1 source Neutral

Oil tankers are being lured back into the Strait of Hormuz by high daily payouts, despite potential dangers. This trend is significant for global oil trade and security.

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MarketWatch

Oil tankers are being lured back into the Strait of Hormuz by big payouts

Big oil tankers are commanding $280,000 a day to head into the Persian Gulf to pick up cargoes, danger notwithstanding.

2026-06-23 20:23 UTC