Dry bulk freight rates surge 36% to three-year high amid Iran war, higher oil prices: BoB Report

Iran Herald·August 25, 2026Sanctions

New Delhi [India], August 25 (ANI): Dry bulk freight rates surged around 36 per cent between February and July 2026, reaching their highest level in three years, amid higher international oil prices, geopolitical tensions and robust demand for commodities, according to a report by Bank of Baroda Research.