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2026-09-23

Persian Gulf-to-Asia Supertanker Rates Spike to a Record ~$1.1 Million a Day, Up Over 1,000% in a Year

Persian Gulf-to-Asia Supertanker Rates Spike to a Record ~$1.1 Million a Day, Up Over 1,000% in a Year

Key points

Cost of hiring an oil supertanker, Persian Gulf to China/Japan (per day), 2009-2026 ｜ Recently spiked to about $1.1 million a day, a record, up more than 1,000% over the past year

Image source: @acemaxx