https://www.marinelink.com/news/iraqi-standoff-blamed-for-low-mideast-gulf-u-s-vlcc-freight-rates304368
Iraqi Standoff Blamed For Low Mideast Gulf - U.S. VLCC Freight Rates
Freight for Very Large Crude Carriers (VLCCs) from the Mideast Gulf to the United States has fallen to below $1 per barrel for the first time in over two years.