The Baltic Exchange in London is consulting the shipping market about making changes to its benchmark tanker rate after the Iran war closed the Strait of Hormuz, rendering part of the normal trade route inaccessible.
Baltic Consults on Benchmark Tanker Route as War Upends Rates
The Baltic Exchange in London is consulting the shipping market about making changes to its benchmark tanker rate after the Iran war closed the Strait of Hormuz, rendering part of the normal trade route inaccessible.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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