Finance
Oil Tanker Booked in Persian Gulf at 897% of Benchmark Rate
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Article Summary
57 words
One of the world’s biggest operators of supertankers has provisionally booked a vessel to transport oil from the Persian Gulf to India at nearly nine times benchmark rates, a price that reflects the shortage of avalable ships in the area. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.
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