New tanker orders spike as Iran war redraws trade routes
The $20 billion buying spree comes as buyers turn to crude oil prodiced in the Americas, which must be shipped via long transoceanic voyages.
We haven't written up this one. Semafor has the full story — the link below goes straight to it.
Also reported by 4 other outlets
- Iran says it struck oil tanker in Strait of Hormuz channelnewsasia.com
- Iran claims it struck oil tanker in Strait of Hormuz rte.ie
- Diesel prices at record highs amid Strait of Hormuz disruption, Russia-Ukraine war abcnews.com
- Only four cargo ships passed through Strait of Hormuz on Thursday: Kpler english.ajel.sa
