Iran Wants to Collect Tolls from Passing Ships, Oil Prices Heading to $120
Iran is considering imposing a 10% transit fee on ships passing through the Strait of Hormuz.
If actually implemented:
🖤 Transportation costs for crude oil and commodities will skyrocket directly 🖤 Oil prices continue to be pushed higher → Inflationary pressures make a comeback
While oil prices haven't completely taken off yet, brothers should hurry up and fill up now.
Iran Wants to Collect Tolls from Passing Ships, Oil Prices Heading to $120
Iran is considering imposing a 10% transit fee on ships passing through the Strait of Hormuz.
If actually implemented:
🖤 Transportation costs for crude oil and commodities will skyrocket directly 🖤 Oil prices continue to be pushed higher → Inflationary pressures make a comeback
While oil prices haven't completely taken off yet, brothers should hurry up and fill up now.