A clear-headed, calmly-explained description of, "...why things seem oddly normal. for most countries the #oil shutdown has not reached them yet."
Oil #tankers - #VLCCs - move no faster than a quickly-ridden bike.
youtube.com/shorts/Jf3rH...

China Presses for Hormuz Ceasefire as Tanker Traffic Collapses and Export Risks Mount The #StraitofHormuz closure has cut #China-linked tanker transits to a fraction of pre-conflict levels, forcing #COSCO and other Chinese owners to reroute #VLCCs to Yanbu as Beijing presses for a ceasefire to protect its #energytrade and #exportoutlook.

The #StraitofHormuz closure has cut #China-linked tanker transits to a fraction of pre-conflict levels, forcing #COSCO and other Chinese owners to reroute #VLCCs to Yanbu as Beijing presses for a ceasefire to protect its #energytrade and #exportoutlook.

Scorpio Tankers Expands Fleet with VLCC Newbuilds at Hanwha Ocean #ScorpioTankers signs deals with #HanwhaOcean to build two #VLCCs worth $128M each, marking a strategic push into the #crude #tanker market amid evolving global shipping dynamics.....

#ScorpioTankers signs deals with #HanwhaOcean to build two #VLCCs worth $128M each, marking a strategic push into the #crude #tanker market amid evolving global shipping dynamics.....