Your gateway to a free society
Article
Supertanker Rates Hit Six-Year High: Here's What Driving It
Supertanker Rates Hit Six-Year High: Here's What Driving It
Global very large crude carrier (VLCC) rates have jumped to six-year highs due to two recent catalysts: first, a growing war-risk premium tied to the possibility of a US-Iran conflict, and second, ongoing consolidation in fleet ownership that is tightening vessel availability.
Let's begin by noting that war-risk insurance premiums are rapidly being priced into VLCC tanker rates. The Strait of Hormuz has once again come into focus as the world's most important energy chokepoint, where any flare-up in a US-Iran...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Feb 14, 2026 / Tyler Durden
Indian Scrapyards Welcome Growing Number Of Dark Fleet Tankers
Indian Scrapyards Welcome Growing Number Of Dark Fleet Tankers
By Tsvetana Paraskova of OilPrice.com
At least three vessels sanctioned by the United States have arrived in recent weeks at the demolition hub of Alang on India’s west coast, following a record 15 dark fleet tankers sent to these scrapyards last year, as the business rebounds despite concerns about dealing with sanctioned ships.
The Woodchip, built in 1993 and sanctioned by the U.S. in 2021 under one of its previous names, is the third tanker to have arrived at Alang in less than...
Read more
Feb 23, 2026 / Dave DeCamp
US Military Blows Up Another Small Boat in the Caribbean Sea, Killing Three
US Southern Command announced on Monday that its forces blew up yet another boat it accused of running drugs, killing three people. The command said the boat was targeted in the Caribbean Sea and described the people it killed as “narco-terrorists,” a term used by the Trump administration to justify conducting extra-judicial executions at sea […]
Read more
Feb 17, 2026 / Tyler Durden
Oil Declines As Iran Says 'Understanding' Reached In US Nuclear Negotiation
Oil Declines As Iran Says 'Understanding' Reached In US Nuclear Negotiation
The second round of indirect negotiations between the United States and Iran concluded in Geneva, Iran's semi-official Students' News Agency (ISNA) reported Tuesady. Delegations from both sides left the venue following the talks, however, the Iranian side says it's ready to stay in Switzerland for days or even weeks if needed, in order to reach a deal and stave off military attack by Washington. Oil is dumping on the following headline issued an hour after conclusion:
IRAN FOREIGN MINISTER SAYS...
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Want to get in touch?