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Oil supertankers in Gulf are renting for $500,000 per day: Report

Oil supertankers in Gulf are renting for $500,000 per day: Report Submitted by MEE staff on Wed, 08/19/2026 - 21:10 A fund that allows investors to bet on crude oil freight rates has surged more than…

  • Oil supertankers rent for $500,000 daily in Gulf.
  • Conflict in region drives high demand for vessels.
  • Breakwave Tanker Shipping ETF surges 2,000% since year start.

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