AGP Executive Report
Last update: 4 hours agoOil Shipping Costs: Tanker freight is surging: shipping 2 million barrels of U.S. crude to Japan now costs about $81 million, or $40.50 a barrel, compared with roughly $9 million a year ago—adding pressure to global oil flows. Maritime Enforcement: French authorities escorted the sanctioned tanker DF Peak to waters off Réunion after finding its claimed Benin registration invalid. The vessel’s master was arrested, and an investigation into its flag and suspected illicit fuel transport is underway. The prefecture restricted maritime activity around the tanker while checks continue.
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