


| Supertanker sanctions send global oil freight rates soaring |
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SINGAPORE: Key oil freight rates from the Middle East to Asia rocketed as much as 28 percent on Friday in a global oil shipping market spooked by US sanctions on units of Chinese giant COSCO for alleged involvement in ferrying crude out of Iran.
In what the State Department called “one of the....
Posted: 2019-09-28 12:57:00
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