Shipping Oil Through Strait Of Hormuz Costs $20 Million, TotalEnergies CEO Says
The waterway carried about a fifth of global oil flows before the Iran war and was also a major route for LNG shipments.
The waterway carried about a fifth of global oil flows before the Iran war and was also a major route for LNG shipments.
The PGSA also said ships working with vessels already on Iran’s Non-Compliant Vessels list could themselves be added to the list.
The fees will cover services such as navigation, environmental support, fuel supply in certain conditions, insurance and safety.
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