With the US amassing forces in the Middle East and President Donald Trump saying Iran had 10 to 15 days at most to reach a deal over its nuclear program, they look likely to go higher still. A major assault could disrupt traffic in the vital Strait of Hormuz, raising the risk premium to charter ships, while a VLCC buying spree by South Korean shipper Sinokor Merchant Marine is also exacerbating the tightness in the market.




