2026-09-212us

Tanker shipping rates through the Strait of Hormuz reach records

Qatar's central bank governor said on Sept. 20 that damaged liquefied natural gas export facilities could take two to three years to repair.

Gasoline costs. High shipping rates could keep gasoline expensive even as crude oil prices ease, according to The Wall Street Journal. Motor-oil shortages. Costco has imposed purchase limits on some motor oil.