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Bloomberg drew attention to a very unusual fact that characterizes the current logistics in the oil market: the length of routes, oil load in the sea, etc. led to an extreme shortage of containers and the increase in their rental prices literally to space levels. To understand how high the cost of transportation oil has become, let's provide this example: today it costs more to rent a tank to transport oil from the United States to China than to launch a rocket into space. According to ship brokerage Gibson, published this week, such a flight costs about $80 million, while the standard launch of a SpaceX Falcon 9 rocket is $74 million. Inflation rental prices reached a new all-time high, even surpassing the level of the tank wars of the 1980s (when Iran and Iraq fought each other and attacked commercial ships in the Persian Gulf). It is the extreme complexity and cost of logistics that keeps oil prices up, despite the restoration of oil flows through the Straits of Hormuz to almost pre-war levels. Logistics has become a very important component of the final price for the final customer.

🇷🇺⚡️Сводки ополчения Новороссии Z.O.V. (ДНР, ЛНР, Украина, Война) · Source

Bloomberg drew attention to a very unusual fact that characterizes the current logistics in the oil market: the length of routes, oil load in the sea, etc. led to an extreme shortage of containers and the increase in their rental prices literally to space levels. To understand how high the cost of transportation oil has become, let's provide this example: today it costs more to rent a tank to transport oil from the United States to China than to launch a rocket into space. According to ship brokerage Gibson, published this week, such a flight costs about $80 million, while the standard launch of a SpaceX Falcon 9 rocket is $74 million. Inflation rental prices reached a new all-time high, even surpassing the level of the tank wars of the 1980s (when Iran and Iraq fought each other and attacked commercial ships in the Persian Gulf). It is the extreme complexity and cost of logistics that keeps oil prices up, despite the restoration of oil flows through the Straits of Hormuz to almost pre-war levels. Logistics has become a very important component of the final price for the final customer.

Bloomberg drew attention to a very unusual fact that characterizes the current logistics in the oil market: the length of routes, oil load in the sea, etc. led to an extreme shortage of containers and the increase in their rental prices literally to space levels. To understand how high the cost of transportation oil has become, let's provide this example: today it costs more to rent a tank to transport oil from the United States to China than to launch a rocket into space. According to ship brokerage Gibson, published this week, such a flight costs about $80 million, while the standard launch of a SpaceX Falcon 9 rocket is $74 million. Inflation rental prices reached a new all-time high, even surpassing the level of the tank wars of the 1980s (when Iran and Iraq fought each other and attacked commercial ships in the Persian Gulf). It is the extreme complexity and cost of logistics that keeps oil prices up, despite the restoration of oil flows through the Straits of Hormuz to almost pre-war levels. Logistics has become a very important component of the final price for the final customer.

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