The Winding Glass: Diesel Prices Tip of the Iceberg for Seafood Industry as Impacts Multiply Downstream

The disastrous US and Israeli attack on Iran has led to the completely predictable closure of the Strait of Hormuz, which accounts for around 20% of global oil consumption. The International Energy Agency (IEA) called it the largest supply disruption in the history of the world oil market.
Diesel prices at fishing ports worldwide rose 40 to 70 percent in a matter of weeks. In Rhode Island, dockside diesel hit $5.75 a gallon, up nearly 50 percent since February...
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