Iran War Triples Logistics Costs for Oil Services Firms | HappeningNow.news
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Iran War Triples Logistics Costs for Oil Services Firms

Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector.

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Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… Oilfield services companies are paying as much as three times their usual logistics costs in the Middle East, with fuel expenses doubling and labor costs climbing by as much as 40%, as the Iran war continues to disrupt equipment deliveries and project operations.

Read original at OilPrice

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