Oil Shipping Costs Explode 258% Higher in 2 Months. Here’s Why Everything Is About to Get More Expensive
· finance.yahoo.com
A war-driven surge in tanker rates is quietly adding a hidden tax to every barrel of oil before it reaches a refinery, and the ripple effects are already showing up at diesel pumps in ways that could reshape what you pay for almost everything.
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Crude oil shipping costs exploded from $6.50 to $23.59 per barrel in two months as Iran war disruptions forced tankers onto longer, costlier routes....