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

2 outlets - including Bloomberg and Yahoo - are covering this story. 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.
Covered by 2 outlets
All coverage · 2 articles
Bloomberg Markets
·Aug 24, 14:33 UTC
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.
Yahoo Finance News
·Aug 24, 14:33 UTC