18 October 2026Established 2026 · English edition
MENA Trade MonitorWhat the chokepoints cost
Section

Cost of the Detour

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Cost of the Detour

VLCC orders double in 2026 as Gulf disruption drives $20bn buying spree

Middle East Gulf-China benchmark rates broke through $1 million per day for the first time as longer voyages and route disruption tighten supertanker capacity.

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