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ICE Offers Tanker Derivatives for Route Outside Strait of Hormuz

Bloomberg Markets Monday 05 October 2026, 09:54 UTC By Alex Longley and Bill Lehane 1 min read
Key Points

Intercontinental Exchange Inc. said it would offer tanker derivatives contracts based on a route outside the Strait of Hormuz, as the oil shipping industry’s main benchmark continues to be upended by the Iran war.

Intercontinental Exchange Inc. said it would offer tanker derivatives contracts based on a route outside the Strait of Hormuz, as the oil shipping industry’s main benchmark continues to be upended by the Iran war.
Hormuz Intercontinental Exchange Inc. (ORG) the Strait of Hormuz (LOCATION) the Iran war (EVENT)
Originally published by Bloomberg Markets Read original →

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