FacebookTwitterEmailLinkedin Constrained tonnage supply, not demand, drove the freight rate transformation higher, according to the latest market commentary by Xclusiv Shipbrokers. As highlighted, the crude tanker market in 2026 has undergone one of the most violent earnings transformations in recent memory, driven not by demand expansion but by the physical disruption of the world’s most critical oil chokepoint. RelatedNews Windward: Hormuz is no longer a transit corridor but a tanker queue TT Club: Key global cargo theft trends 2025 var jnews_module_21373208_0_6a0c3c829fb38 = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21373208","include_category":"","exclude_category":"","include_author":"","include_tag":"4346,1573,2647,239,1582","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2","pagination_scroll_limit":0,"ads_type":"disable","ads_position":1,"ads_random":"","ads_image":"","ads_image_tablet":"","ads_image_phone":"","ads_image_link":"","ads_image_alt":"","ads_image_new_tab":"","google_publisher_id":"","google_slot_id":"","google_desktop":"auto","google_tab":"auto","goo