Comment by pclmulqdq
18 hours ago
$2M/ship is $1/barrel for VLCCs, but it's a lot more for smaller ships. Practically, nobody will use a ship smaller than a VLCC with the toolbooth.
18 hours ago
$2M/ship is $1/barrel for VLCCs, but it's a lot more for smaller ships. Practically, nobody will use a ship smaller than a VLCC with the toolbooth.
VLCCs are already 2/3 the oil traffic, but yeah, rough day to be a small ship with cheap cargo.
Israel is already breaking the ceasefire conditions. Ref: "Netanyahu: Ceasefire doesn’t cover Lebanon" https://www.timesofisrael.com/liveblog_entry/netanyahu-cease...
Israel violated the 2024 ceasefire over 10,000 times [0], not counting all the ones since Feb. 28. I guess this time they're not satisfied with having only 50 "freebies" a day.
[0] https://en.wikipedia.org/wiki/2024_Israel%E2%80%93Lebanon_ce...
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They’ll probably receive most if not all of Iran’s focus now.
Territorial expansion was probably always Israel's goal of this, with a bonus of weakening a regional rival.
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Perhaps they'll pro-rate it by size.
Maybe they'll end up with a sliding scale fee based on ship size/capacity