Tankers Alot
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday
Will Orangeman approve or reverse the decision ?
https://boereport.com/2025/01/13/dozens-of-oil-tankers-drop-anchor-after-latest-us-sanctions-bite/
The threat of tariffs has probably been a big factor in the recent spike in energy, especially oil. I don’t believe the levels are justified or sustainable. No position, no axe to grind, just an observation.