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Mercuria Says Rival Fears Made Baltic Keep Disputed Tanker Rate

Bloomberg Markets Monday 26 October 2026, 13:36 UTC By Isla Binnie, Upmanyu Trivedi and Alex Longley 1 min read
Key Points

Commodity trader Mercuria Energy Group accused the Baltic Exchange of continuing to publish the world’s benchmark oil tanker rate, despite distortions caused by the Iran war, because it feared losing business to a competitor.

Commodity trader Mercuria Energy Group accused the Baltic Exchange of continuing to publish the world’s benchmark oil tanker rate, despite distortions caused by the Iran war, because it feared losing business to a competitor.
Mercuria (ORG) Mercuria Energy Group (ORG) the Baltic Exchange (ORG) the Iran war (EVENT)
Originally published by Bloomberg Markets Read original →

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