The cost of shipping oil already skyrocketing
BREAKING: Earnings for VLCC supertankers on the benchmark Middle East-to-China route are up to nearly $800,000 per day, an all-time high.
Rates have more than doubled over the last 2 months.
At the same time, the rate for a VLCC charter from the US Gulf to Asia is up to a… pic.twitter.com/0zhHgNd2QC
— The Kobeissi Letter (@KobeissiLetter) September 12, 2026






























