EconomyChartering an oil tanker from the US to China now costs more than a space launch
Chartering a tanker to ship oil from the US to China now costs about $80 million, Bloomberg reported—$6 million more than a SpaceX Falcon 9 launch. The agency attributed the high price to a global tanker shortage linked to worsening conditions in the Strait of Hormuz. Middle Eastern oil companies are using shuttle-style ship-to-ship transfers, adding about a week to each voyage.
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TASS★★★☆☆2026-10-09 18:10Original
Chartering an oil tanker from the US to China now costs more than a space launch