Oil prices have surged driven by concerns that the situation in Israel and Gaza could disrupt output from the Middle East.
As reported by The BBC, Brent crude, the international benchmark, climbed by $2.25 a barrel to $86.83, while US prices also rose.
Please note that if these increases are sustained, they may affect haulage fuel surcharges and future Bunker Adjustment Factor (BAF). We continue to monitor the situation closely.
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