Hormuz hazard pay hits a staggering $100,000

Oil tanker captains transiting the Strait of Hormuz are receiving $100,000 monthly plus $50,000 bonuses due to increased Iranian attacks. This 'danger money' nearly doubles regular salaries, with ordinary sailors earning four to six times their usual rates. The heightened risk has led to a surge in assaults, with 14 attacks reported in the last 20 days.

Read the source (Economic Times)

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