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Tanker Costs Remain High for Strait of Hormuz Returns as Market Prices in Reopening

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2026-06-24 16:52:36
The cost of tankers returning to the Strait of Hormuz remains high, but markets have already priced in a resumption of shipping and a window for Iranian exports.

According to Jin10, the market has moved ahead of actual cost conditions by factoring in expectations of renewed voyages through the strait and the possibility of increased Iranian export activity.
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