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Shipping Oil Through Hormuz Costs $20 Million, Total CEO Says

The cost of shipping oil cargoes on a supertanker through the Strait of Hormuz is about $20 million, the boss of TotalEnergies SE said, underscoring the wide margins to be made by traders and shipowners.

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BloombergLean L·2h ago
Shipping Oil Through Hormuz Costs $20 Million, Total CEO Says
The cost of shipping oil cargoes on a supertanker through the Strait of Hormuz is about $20 million, the boss of TotalEnergies SE said, underscoring the wide margins to be made by traders and shipowners.
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Shipping Oil Through Hormuz Costs $20 Million, Total CEO Says

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Shipping Oil Through Hormuz Costs $20 Million, Total CEO Says

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