Driving up shipping rates as ships can't use Suez canal as 2 guys on a camel disrupt world trade. The ships will now have to go around Africa. this helps US exports out of GOM and ship owners as it ties up vessel supply
Iran a sponsor of Yemen , will benefit, as all energy will go up. Look for crude, NG to go up. President Biden gave them 6 B back. I'd start hijacking their ships. Tit for tat
Shipping stocks on move. FRO,TK,TNK,STNG, TRMD throw a dart
Instability in Middle east
Re: Instability in Middle east
https://x.com/josh_young_1/status/1736761335809978439?s=46&t=pgzzFESpRCcPkSe1KLcphQ
Ships will go around Africa boosting fuel use 5oo k a day
Ships will go around Africa boosting fuel use 5oo k a day