[Very large oil tanker freight rates have risen to the highest level in 60 years] On October 12, it was reported that the US-Israeli military attack on Iran has reshaped the crude oil trade pattern in the Middle East, coupled with a serious shortage of fleet supply, the current very large oil tanker freight rates have soared to the highest level in 60 years. At present, the skyrocketing freight rates are being transmitted to the entire energy industry chain. According to Dutch media reports on October 11, ING’s latest report pointed out that taking a tanker that sailed from Saudi Arabia to the Netherlands in September as an example, the shipping cost of a barrel of crude oil after conversion was equivalent to US$35, more than one-third of the price of crude oil. Last year, the average transportation cost of a barrel of crude oil on the same route was only US$2. In October, tanker freight rates were still high. (CCTV International News)