https://www.live-feeds.com/feed/oil-tankers-earn-1-million-a-day-as-war-leaves-ship-shortageContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-tankers-earn-1-million-a-day-as-war-leaves-ship-shortagehttps://www.live-feeds.com/feed/oil-tankers-earn-1-million-a-day-as-war-leaves-ship-shortage#u70085Wed, 16 Sep 2026 09:25:38 +0000Oil tankers are hauling earnings of $1 million a day as the ongoing war involving Iran triggers an acute ship shortage and surging freight rates. Traffic through the Strait of Hormuz has slowed down drastically, with commodity vessel transits totaling just four on Monday according to preliminary Kpler data. Crude oil futures rose following the shutdown of Saudi Arabia's East-West pipeline and the postponement of talks between Gulf states and Iran. Meanwhile, one freight fund surged 3,600 percent to post the biggest gains of all during the oil shock.Why it mattersThe conflict involving Ira