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Cost to Ship a VLCC Through Hormuz Hits $20 Million, TotalEnergies CEO Says

24 AUG 2026 · 1610Z

By Mitchell Ferman and Alex Longley (Bloomberg) — The cost of shipping oil cargoes on a supertanker through the Strait of Hormuz is about $20 million, the boss of TotalEnergies SE...

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Indexed Aug 24, 16:10 UTC · gCaptain

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