Fuel Tanker Rates Surge as Mideast Conflict Puts Hormuz in Focus
The cost to ship fuels from the Middle East to East Asia climbed almost 20% in three sessions to Monday, according to data from the Baltic Exchange. Rates to East Africa, meanwhile, jumped more than 40%. Tanker owners and managers had been pausing vessel offers in the Middle East as the hostilities between Israel and Iran show no signs of letting up.
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Toobit analysts believe that the momentum behind Bitcoin isn't just a short-term surge—it's a long-term transformation. And if 2025 is any indication, Bitcoin's best days may still lie ahead. About Toobit To stay updated on the latest crypto news and happenings, make sure to follow Toobit. Toobit Exchange has emerged as a leading platform for crypto trading, offering a seamless experience for both beginners and experienced traders. With a strong focus on futures trading and derivatives trading, Toobit allows users to maximize their potential profits through leverage trading. Traders can explore a wide range of assets, including BTC and ETH, taking advantage of advanced tools and risk management features. With live coin updates, where you can get the latest news on XLM price, coin updates on Futures such as Dogecoin price and ETH price, and even PEPE price, Toobit does it all! Create an account with Toobit today and find out how we're bit more than just a crypto. TIME BUSINESS NEWS
