Baltic Exchange Defends Tanker Rates as Reliable Amid Iran War Distortions

📊 MARKETS — Baltic is defending its rates; someone stopped trusting them. 📌 LOOK CLOSER: With 35 ships queuing and IRGC authorization-per-passage in force, Baltic tanker rates reflect thin, distorted sample data — not normalized flows. A public defense signals broker and insurer pushback on reliability. If Asian buyers and European traders discount the benchmark, price discovery fractures. That's the mispricing risk already in the market, now named.