Luckily, oil prices have fallen significantly from their highs.
It's interesting that oil markets are not concerned about geopolitical tensions.
This is offsetting some of the impact of higher shipping costs.
Follow us @KobeissiLetter for real time analysis as this develops.
— The Kobeissi Letter (@KobeissiLetter) January 16, 2024
Higher shipping costs will pass on to consumers. Shell is not alone.
— Real Island Boy (@spaghettimballs) January 16, 2024
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