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Business & Finance

Oil tanker owners fear market crash after Iran war drove record profits

Oil tanker owners fear market crash after Iran war drove record profits
Financial Times Saturday 06 June 2026, 12:28 UTC 1 min read
Key Points

Shipowners ploughed windfall into new vessels and are braced for steep drop in rates if Strait of Hormuz reopens

Shipowners ploughed windfall into new vessels and are braced for steep drop in rates if Strait of Hormuz reopens
Iran (LOCATION) Strait (LOCATION) Hormuz (LOCATION)
Originally published by Financial Times Read original →

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