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What the Hormuz crisis has cost fossil fuel importers — March to August 2026

ports_congestion UTC: 2026-08-30 21:00:30

Key findings • Fossil fuel importers paid a gross extra cost of USD 330 bn for seaborne crude oil, oil products and LNG in the six months following the strikes, against what pre-war futures markets had expected they would pay over the same period. This is the estimated gross a...

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