Hiring an Oil Tanker More Expensive Than a Space Rocket!!
Qiyas summary
Oil shipping costs have risen exceptionally due to a global shortage of oil tankers, especially via the Strait of Hormuz, leading to freight rates reaching record levels comparable to the cost of launching a space rocket.
Translated by Qiyas from النهار — Original source
Oil shipping costs have surged to exceptional levels due to a global shortage of oil tankers, particularly through the Strait of Hormuz, driving freight rates to record highs comparable to the cost of launching a space rocket. The cost of such a voyage amounts to approximately $80 million, compared with $74 million for a standard SpaceX Falcon 9 rocket launch.
