Shipping Caught in the Crosshairs of Iran War
Bloomberg Television·2026-03-03 21:55
At the end of the day, it's going to put upward pressure on rates because there's now a premium on capacity, especially as it relates to the tanker industry. We've seen tanker rates get close to almost $500,000 a day. That is speed driven by the fact that people want oil.They're going to have to pay to get it. And the ripple effect, really for my world, because, you know, I cover shipping air freight guys and also the folks here in the U.S., the railroads and trucking companies. The biggest impact is going ...