EnergyHighConfirmedAccelerating
9.5
TotalEnergies CEO reports $20 million cost for VLCC transit through Strait of Hormuz
gCaptain·IR · OM·3 days ago
Russian oil shipments from the Novorossiysk terminal to India have dropped by approximately 77% following targeted Ukrainian attacks on infrastructure. The resulting 50% surge in freight costs indicates a tightening of maritime logistics and increased risk premiums for Black Sea oil transit.
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