Supertanker Rates Soar as Buyers Scramble to Replace Russian Oil

The supertanker freight futures surged on Thursday and Friday after the U.S. sanctions against Russia’s biggest oil firms created a rush to replace Russian barrels. 
The front-month supertanker contracts on the route Middle East to China, the benchmark …
Supertanker Rates Soar as Buyers Scramble to Replace Russian Oil