Why VLCC rates just went ballistic and how they could go even higher — Live Feedhttps://www.live-feeds.com/feed/why-vlcc-rates-just-went-ballistic-and-how-they-could-go-even-higherContinuously updated, source-cited coverage. VLCC Rates Hit Record Highs Following Shipping Attackshttps://www.live-feeds.com/feed/why-vlcc-rates-just-went-ballistic-and-how-they-could-go-even-higherhttps://www.live-feeds.com/feed/why-vlcc-rates-just-went-ballistic-and-how-they-could-go-even-higher#u67723Mon, 14 Sep 2026 10:01:29 +0000Oil tanker freight rates have surged to record levels, driven by escalating attacks on shipping involving Iran and the United States. Very Large Crude Carrier costs climbed significantly amid the ongoing Middle East conflict, triggering historic gains for related freight funds. Analysts point to the heightened dangers facing commercial vessels in key regional waterways as the primary driver behind the skyrocketing expenses. The disruption highlights severe vulnerabilities in global petroleum logistics and signals a deepening international energy crisis.Why it mattersThe spike in Very Large Cru