Shipping rates and oil prices jump on Suez block
- Reuters - Business Video Online via AnyClip
Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week, while oil prices climbed on Friday. Ciara Lee reports.
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Tennessee’s average gas price is now $2.67, which is 2 cents less than a week ago, 17 cents more than a month ago and 89 cents more than a year ago, according to AAA.