Instability in Middle east

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Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

Instability in Middle east

Post by Fraser921 »

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
Fraser921
Posts: 3240
Joined: Mon Mar 22, 2021 11:48 am

Re: Instability in Middle east

Post by Fraser921 »

https://x.com/josh_young_1/status/1736761335809978439?s=46&t=pgzzFESpRCcPkSe1KLcphQ

Ships will go around Africa boosting fuel use 5oo k a day
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