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Ensuring a Supertanker Goes Through The Strait Of Hormuz Now Costs Tens Of Millions, Total CEO Says

Posted on August 24, 2026
By International Business Times
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Ensuring a Supertanker Goes Through The Strait Of Hormuz Now Costs Tens Of Millions, Total CEO Says

The U.S. military said it has helped the transport of over 660 million barrels of oil through the Strait of Hormuz despite Iran's blockade over the past months.