emergingBearishENERGY

Total CEO says shipping oil through the Strait of Hormuz costs US$20 million

2 signals from 2 sources·Updated 28 days ago

Momentum

31/100

Affected tickers

TTE

Summary

The CEO of Total stated that transporting oil through the Strait of Hormuz currently costs US$20 million. This highlights significant logistical expenses for energy transit in a volatile region. Watch for energy sector…

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Contributing sources (2)

  • TotalEnergies CEO says shipping oil through Strait of Hormuz costs $20 million · economictimes.indiatimes.com · 30 days ago
  • Total CEO says shipping oil through the Strait of Hormuz costs US$20 million · businesstimes.com.sg · 30 days ago

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