Skip to content
Baltic Dry1,942+1.84% SCFI1,388.6-2.10% WCI 40ft$2,214-1.35% Brent$74.18+0.62% VLSFO SG$548.5+0.40% Harpex2,2310.00% USD/BRL5.412-0.28% EUR/USD1.0864+0.11%
Wednesday
October 21, 2026
The Port Journal

IEA: Gulf Oil Shipping Costs Top $37 Per Barrel, Five Times Pre-War Levels

The cost of shipping crude oil from the Middle East Gulf to Asia has surged to more than $37 per barrel, over five times prewar levels, as an increasingly complex...

1 min read
IEA: Gulf Oil Shipping Costs Top $37 Per Barrel, Five Times Pre-War Levels
Photo: gCaptain

The cost of shipping crude oil from the Middle East Gulf to Asia has surged to more than $37 per barrel, over five times prewar levels, as an increasingly complex...

This story was originally published by gCaptain. Read the full story at gCaptain →

Conversation

Comments are moderated before publication.

More in Shipping

View all
BACK TO TOP ▲