Phyrex|Oct 23, 2026 17:50
The Washington Institute recorded 28 confirmed and reported ship attacks in the Strait of Hormuz and surrounding waters in October, setting a new monthly high.
As of mid October, the cost of transporting crude oil from the Middle East Gulf to Asia by large tankers exceeded $37 per barrel, which is more than five times higher than before the war.
Taking Beijing as an example, 92 octane gasoline is about 1.75 times the current Brent price, and 95 octane gasoline is about 1.86 times.
Thanks to Iran and Trump.
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