Signal · Supply Chain & Logistics
Oil Shipping Costs Reach Dizzying New Highs on Hormuz Snarls
What the source reported
Source-reportedIt now costs $77 million to hire a very large crude carrier to move U.S. oil to Asia, according to data from the Baltic Exchange.
- Publication
- SupplyChainBrain · Trade Publication
- Published
- 8th October 2026
- Original report
- supplychainbrain.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Supply Chain & Logistics
- Geography
- US
- Organisations
- None identified
- Collected
- 8th October 2026 · 04:27
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (24.0/100). Strongest contributor: Procurement Impact (12.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (31.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth