Home World Record oil tanker rates put pressure on Asian refiners, IEA says

Record oil tanker rates put pressure on Asian refiners, IEA says

Record oil tanker rates put pressure on Asian refiners, IEA says

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Published: October 14, 2026 19:08:13 IST

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By Enes Tunagur LONDON, Oct 14 (Reuters) – The jump to record highs in the cost of shipping oil in supertankers is squeezing profit margins for Asian oil refiners, who are heavily dependent on Middle

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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