EconomyOil vessel transit costs through Hormuz surged after Iran war, ENOC executive says
An Emirates National Oil Company executive said Wednesday that oil vessel transit costs through the Strait of Hormuz rose sharply after the Iran war, driven by steep increases in war-risk premiums and cargo insurance costs.
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Reuters★★★★☆2026-09-09 10:30Original
Oil vessel transit costs through Hormuz surged after Iran war, ENOC executive says
Economy