this post was submitted on 28 Sep 2026
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โ ๐บ๐ธ/๐ฎ๐ท INFO: The price of chartering an oil tanker in the Strait of Hormuz has reached $1,3 million dollars per day (per vessel)
Even with the Strait of Hormuz โopenโ according to U.S. standards, the risk of Iranian attacks is simply too high to bear, which pushes up costs & makes long-term closure of the Strait unsustainable.
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