@yymcommod

Iranian targets the STS ships transmitting Hormuz. Ships sink or heavily damaged because of these attacks. Iraq + GCC don’t give a damn and continue to demand for more STS ships. Tanker asset price and Gulf-In-Gulf-Out rates continue to rise. High risk appetite owners buy more ships, preferable older tonnage to run GIGO voyages, drying up availability. Eventually younger ships will be used to run this trade and rinse repeat until US-Iran figure something out. IRGC attacking ships will l