🔵Shipping costs for oil from the Middle East are skyrocketing!
🔷 Oil transport prices from the Gulf to Japan have reached $55,000 per day — the highest in over a year!
⬅️ Meanwhile, routes heading to East Africa have reached $40,000 per day, the highest level in several months.
🔷 These costs have doubled in just two weeks due to the escalation between Israel and Iran.
⬅️ What’s the expected outcome?
🔷 A coming rise in global gasoline and diesel prices...
⬅️ Brace for new pressures on consumers!