Oil Is Flowing Again. Attacks Could Raise Your Gas Price

Oil Is Flowing Again. Attacks Could Raise Your Gas Price

Saudi oil shipments through the Strait of Hormuz, the narrow passage tankers must use, rose from about 1.4 million barrels a day in late August to 4.1 million by Oct 5, the Wall Street Journal reported. Reuters reported Gulf producers are shipping again. New ship attacks threaten that recovery. Shipping insurance costs will help decide gas prices.

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