The cost of hiring a supertanker to ship oil from the Middle East to China surged to an all-time high of over US$400,000 a day. SINGAPORE: The cost of hiring a supertanker to ship oil from the Middle East to China surged to an all-time high of over US$400,000 a day as the United States-Israel conflict with Iran intensifies, with Tehran targeting ships passing through the Strait of Hormuz, LSEG data showed. Shipping through the strait between Iran and Oman, which carries around one-fifth of