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Title: Houthis Attack US-Owned Tankers, 3rd Time This Week, As Biden Admits Failure To Stop
Source: [None]
URL Source: https://www.zerohedge.com/geopoliti ... week-biden-admits-failure-stop
Published: Jan 19, 2024
Author: Tyler Durden
Post Date: 2024-01-19 19:55:18 by Horse
Keywords: None
Views: 725
Comments: 12

Biden: "Are they stopping the Houthis? No. Are they going to continue? Yes."

Poster Comment:

Trade routes are taking longer to deliver. Shippers can raise rates. This will raise costs to consumers. Critical parts will be delayed. This will not end well.

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Begin Trace Mode for Comment # 2.

#1. To: Horse (#0)

It would be interesting if we could find out who is going short on energy (especially oil) market.

Dakmar  posted on  2024-01-19   21:26:45 ET  Reply   Untrace   Trace   Private Reply  

A better play is shipping. Longer routes have made ships scarce so rates have gone way up.

Horse  posted on  2024-01-19   21:39:25 ET  Reply   Untrace   Trace   Private Reply  

#3. To: Horse (#2)

Good point, this whole crapshow must also be distorting insurance actuarial tables.

Dakmar  posted on  2024-01-19 21:49:38 ET  Reply   Untrace   Trace   Private Reply  

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