Published Oct 30, 2026, 1:21 PM ET · Updated 14 days ago · 1 source

Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz

CNBC Markets
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Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz

Soaring freight rates are giving tankers a big financial incentive to run the gauntlet through the Strait of Hormuz.