Time and money are largely interchangeable terms. - Winston S. Churchill

Europe

LNG tankers to double in price - WSJ

Photo by Ian Simmonds / Unsplash

The cost of renting a LNG tanker will rise to $105,000 a day in September, up from $64,000 in August.

The reason: the energy crisis in Europe and the EU's desire to fill LNG storage facilities.

At the same time, the price of gas has broken through $3,000 per thousand cubic meters, further fueling inflation in Europe.

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