Oil tanker freight from Middle East to China has doubled

17:45 - 2.03.2026


March 2, Fineko/abc.az. The price of tanker freight for transporting oil from the Middle East to China has doubled.

ABC.AZ informs with reference to Bloomberg that for example, the rate for renting one of these tankers increased to 525 points on the Worldscale scale, although on Friday before the escalation in the Middle East it was 225 points.