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Marine biodiesel prices fall below fossil fuel costs for first time

Biodiesel for shipping is now cheaper than fossil fuels, driven by geopolitical tensions in the Middle East.

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Marine biodiesel prices fall below fossil fuel costs for first time
Marine biodiesel prices fall below fossil fuel costs for first time

The price of marine biodiesel has dropped below the cost of conventional fossil fuel alternatives for the first time, a development driven by the ongoing Iran war and the crisis in the Strait of Hormu...

Marine BiodieselBiodiesel PricesFossil Fuel CostsStrait Of HormuzIran WarShipping FuelRenewable FuelMaritime Decarbonisation

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