LIVE WIRETuesday, 15 September 2026 · RIYADH

Riyadh Cargo.com

Middle East Freight Intelligence

MIDDLE EASTgCaptain5h ago

Oil Tanker Rates Top $1 Million a Day as Hormuz War Squeezes Fleet

The cost of hiring an oil tanker on the industry’s benchmark trade route topped $1 million a day for the first time, as the Iran war leaves too few ships willing to cross the Strait of Hormuz to…

Read the full story at gCaptain →

RiyadhCargo.com is a news monitoring service — the full article is published by gCaptain and opens in a new tab.

MORE FROM THIS DESK

Middle East

ALL COVERAGE →

The Morning Manifest

One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.

Subscribe free