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The Economics of Moving Oil Through Hormuz Now Resemble Cocaine Smuggling
What does moving over 10 million barrels per day at a freight cost of nearly $40/barrel mean strategically? Syndicated from: Gabriel Collins, “The Economics of Moving Oil Through Hormuz Now Resemble Cocaine Smuggling: What Does Moving Over 10 Million Barrels per Day at a Freight Cost of Nearly $40/Barrel Mean Strategically?,” The Sinews of Civilization:…
