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Finance / Energy

Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz

Source: cnbc October 30, 2026 · 10:21

Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz — Photo by DeLuca G · Pexels

From the publisher

Soaring freight rates are giving tankers a big financial incentive to run the gauntlet through the Strait of Hormuz.

About the source

CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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