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Oil shipping costs surge sevenfold to over $20 a barrel amid war: Goldman Sachs

Higher war-risk premiums, fuel expenses and ship-to-ship transfers are driving freight rates up, potentially reshaping crude trade and refinery sourcing.

Oil shipping costs surge sevenfold to over $20 a barrel amid war: Goldman Sachs

We haven't written up this one. Hindu BusinessLine has the full story — the link below goes straight to it.

Read the original at thehindubusinessline.com →

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