
Shipowners offer record salaries and bonuses amid Iranian attacks
AI-generated summary
Tankers face the threat of missile and drone attacks when passing through the Strait of Hormuz.
Oil tanker captains are paid $100,000 a month to navigate the Strait of Hormuz. The level of six-figure salaries is called by The Financial Times (FT).
In addition to high salaries, captains are also paid bonuses of up to 50 thousand against the backdrop of intensifying Iranian attacks. Both ordinary sailors and seamen are paid more, with freight rates reaching a record $1.3 million per day. Shipowners face huge costs for military insurance and fuel, while seafarers face risks to their lives and pressure from employers. According to Manoj Yadav, general secretary of the Indian seafarers' union, Forward Seamen's Union, ship owners are either offering seafarers huge payments or threatening to replace them if they refuse, and deduct repatriation costs from their salaries.
According to three sources close to the tanker owners and crews, shipowners have offered generous "fight" pay while the ships are in the southern Red Sea and Gulf of Oman, with staff receiving double pay and while sailors are passing through Iranian territory receiving at least four to six times the normal rate.
Since most voyages are carried by special tankers on regular shuttle routes, sailors can receive higher rates for months on end - while constantly being exposed to the risk of Iranian missile and drone attacks. Entry into the Persian Gulf, loading and exit back usually takes about four days. A typical supertanker carries about two million barrels of oil and carries a crew of up to 35 sailors, led by a captain.

Middle East oil production and exports will reach pre-war levels by the end of the year, the EIA predicts. This will push the Brent price down to $84 a barrel next year.

The US Energy Information Administration raised its forecast for the average price of Brent crude oil for 2026 to $98 per barrel amid supply disruptions and rising demand.

Oil supplies through the Strait of Hormuz have recovered to levels above pre-war levels with Iran. This was stated by US Secretary of State Marco Rubio after a meeting with the Greek Foreign Minister in Athens.

Some subscribers in the Poltava, Chernihiv, Kharkov, Vinnitsa and Kherson regions of Ukraine were left without power supply due to damage to the energy infrastructure.

Global diesel prices may remain high until 2027 due to high demand and limited supply, Goldman Sachs analysts predict.

The Ministry of Digital Development of the Russian Federation has implemented a procedure for connecting to power grids through the Gosuslugi portal, which allows you to submit applications and track their status. Since the launch, 160 thousand applications have been submitted, the CSI score for Rosseti in 2025 was 3.9 points, which is higher than the figure for 2024.