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[–] 12 points 8 months ago (1 child)

Tanker-insurance is impossible to get, now, therefore there simply won't be any ships going through, until that gets remedied.

& it won't get remedied until MUCH more than "an assertion that it's clear" is in-place.

https://shanakaanslemperera.substack.com/p/actuarial-warfare-how-seven-insurance

It's going to be 1/4y MINIMUM before ships begin going through, again, from the looks of that..

maybe closer to a year.

Dominoes got BIG, thanks to the economic-rules underpinning everything in industry..

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