The transport volume in the Hormuz Strait has rebounded, and tanker rentals have doubled directly.

date
24/06/2026
After Iran and the United States signed a memorandum of understanding on the reopening of the Strait of Hormuz, shipping data shows that the volume of ships passing through the Strait of Hormuz and the Gulf region is gradually increasing. With the rise in demand for oil transportation, oil tanker freight prices have skyrocketed, and oil tanker operators have achieved record profits this week. According to shipping brokers and industry sources, the cost of renting oil tankers outside the Strait of Hormuz has soared from $106,500 per week a week ago to $190,500 per day, nearly doubling. At the same time, prices for ships rented outside the Gulf region have also significantly increased.