19 DAYS → 48 DAYS = $2.5M BURNED PER TANKER 💸🚨
Saudi oil tankers are now forced to bypass Bab el-Mandeb.
Route change:
Before: Yanbu → Taiwan = 19 days
Now: Yanbu → Taiwan = 48 days via Suez + around Africa
Why? Hormuz & Red Sea blocked.
Cost per shipment:
⛽ Fuel: $1.26M → $2.87M
🚢 Suez Fee: +$1M
🛡️ Insurance: +$250K
Total Extra: ~$2.5M
Source: Reuters
More days at sea = Higher costs = Higher oil prices.
$100 oil loading? 👀
Traders: Logistics = Inflation.
Is your portfolio ready for volatility?
Saudi oil tankers are now forced to bypass Bab el-Mandeb.
Route change:
Before: Yanbu → Taiwan = 19 days
Now: Yanbu → Taiwan = 48 days via Suez + around Africa
Why? Hormuz & Red Sea blocked.
Cost per shipment:
⛽ Fuel: $1.26M → $2.87M
🚢 Suez Fee: +$1M
🛡️ Insurance: +$250K
Total Extra: ~$2.5M
Source: Reuters
More days at sea = Higher costs = Higher oil prices.
$100 oil loading? 👀
Traders: Logistics = Inflation.
Is your portfolio ready for volatility?