According to CoinMeta, OPEC Secretary-General Haitham Al-Ghasim stated on November 4th that since 2026, international energy transportation and insurance costs have risen significantly, now exceeding one-third of the value of crude oil itself. This increase in transportation and risk costs is being passed along the oil and energy industry chain, increasing the economic burden on oil-producing and consuming countries and further exacerbating global inflationary pressures.