Just saw this article on how much shipping costs have risen:Would you prefer full scale strikes?
One of the results of this is certainly going to be a long term increase in the price of oil and LNG due to risks and insurance.
Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level
Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level
Shipping costs have exploded as the war in the Persian Gulf has led to a shortage of available tankers.
