Latest News Updates From Yongchang Chin and Nathan Risser

GovernmentBusinessSafetyFuelLogisticsGlobal Freight

U.S.-Asia crude shipments face freight shock

U.S. crude oil exports to Asia are set to hit multiyear lows after the Iran war pushed the cost to lease a tanker for the journey to a record of almost $80 million.

October 22, 2026

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