EconomyOil shipping costs surge, pushing up prices from fuel to groceries

The oil supertanker Esteem Explorer is due to sail from the United States to Japan in late November carrying about 2 million barrels of crude. The voyage will cost $81 million, compared with an average of $9.1 million for the same trip last year.

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RReuters★★☆☆☆2026-10-15 10:30Original