World running short of supertankers threatens long-haul oil flow
- Posted on September 19, 2026
- By Business News Today
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- 1 min read
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World running short of supertankers threatens long-haul oil flow
A shortage of supertankers, driven by the US-Iran conflict and a South Korean tycoon's big shipping bet, has pushed freight costs to record highs, adding about $26 a barrel (roughly a quarter of WTI's price) to Houston-to-Asia shipments.
