Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › World News › Gulf Oil Tankers Near $650,000 a Day as Iran War Disrupts Flows
World News

Gulf Oil Tankers Near $650,000 a Day as Iran War Disrupts Flows

Bloomberg Markets Friday 28 August 2026, 13:07 UTC By Alex Longley and Archie Hunter 1 min read
Key Points

Earnings for ships on the world’s benchmark oil tanker route approached $650,000 a day as the Iran war and a bold bet by a South Korean tycoon continue to reshape how barrels are transported across the globe.

Earnings for ships on the world’s benchmark oil tanker route approached $650,000 a day as the Iran war and a bold bet by a South Korean tycoon continue to reshape how barrels are transported across the globe.
Iran War Disrupts Flows Earnings (EVENT) the Iran war (EVENT) South Korean (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Cambodia shuts over 700 cyberscam locations over past year, government says

The UN Office on Drugs and Crime (UNODC) said last year that hundreds of industrial-scale scam centres across Asia generate just under €35 billion in annual profits. Cambodia said on Friday it had closed more than 700 online scam centres in a crackdown over the past year, detaining nearly 30,000 suspects including a clutch of senior government officials. The Southeast Asian country has emerged as a hub for crime syndicates running fake romantic relationship and cryptocurrency investment...

Euronews 6m ago

BYD posts US$1.2 billion profit in second quarter on surging global demand

BYD posts US$1.2 billion profit in second quarter on surging global demand The Chinese EV giant beat market estimates in the second quarter, as booming exports helped offset a prolonged decline in the domestic market The Shenzhen-based carmaker, also the world’s largest EV builder, posted a net income of 8.2 billion yuan (US$1.2 billion) in the second quarter, up 30 per cent year on year. The quarterly performance beat a consensus estimate of 8 billion yuan in a Bloomberg survey of analysts....

South China Morning Post 15m ago

Biden-honored Iraqi official lands on US terror watchlist as Trump State Dept revokes visa

Four years ago, Taif Sami Mohammed was being celebrated by the United States as one of the world’s most courageous women. Secretary of State Antony Blinken praised the senior Iraqi official as the country’s "Iron Woman," crediting her with stopping bribes, uncovering schemes that enriched corrupt officials and fighting corruption despite threats against her. Today, Mohammed is believed to be outside Iraq, on the U.S. terrorist watchlist and can no longer enter the United States.

Fox News 17m ago

Trump to skip 9/11 remembrance at Ground Zero because they wouldn’t let him give a speech

Trump to skip 9/11 remembrance at Ground Zero because they wouldn’t let him give a speech The 9/11 Memorial and Museum in New York City does not allow politicians to speak at Ground Zero to maintain a nonpartisan stance - Bookmark - CommentsGo to comments President Donald Trump reportedly plans to mark the 25th anniversary of the September 11, 2001, terrorist attacks at the Pentagon, not Ground Zero in New York City – in part because he cannot give a speech. The president had initially...

The Independent World 17m ago