Houthis Attack US-Owned Tankers, 3rd Time This Week, As Biden Admits Failure To Stop

Source: https://www.zerohedge.com/geopolitical/houthis-attack-us-owned-tankers-3rd-time-week-biden-admits-failure-stop
Published: Jan 19, 2024
Author: Tyler Durden
Post Date: 2024-01-19 19:55:18 by Horse
Views: 887

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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#1: Dakmar    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   Reply   Private Reply

#2: Horse    To: Dakmar (#1)

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   Reply   Private Reply

#3: Dakmar    To: Horse (#2)

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

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

#4: Ada    To: Horse (#0)

"US owned" is not sufficient to make them a US concern. Houtis are only attacking cargo ships headed for Israeli ports; and if the owners don't want to risk their ships, don't go therre.

Ada posted on 2024-01-20 09:55:35   Reply   Private Reply

#5: ghostrider    To: Ada (#4)

Have there been any word of Insurors canceling policies of vessels making that transit?

ghostrider posted on 2024-01-20 10:13:06   Reply   Private Reply

#6: Ada    To: ghostrider (#5)

Dunno but they should cancel a policy of a cargo headed for an Israeli port. For others, they probably just raise the rates

Ada posted on 2024-01-20 11:55:23   Reply   Private Reply

#7: Ada    To: ghostrider (#5)

Houthis declare safe passage Russian Chinese ships Red Sea

Ada posted on 2024-01-20 12:31:36   Reply   Private Reply

#8: TommyTheMadArtist    To: Horse (#0)

Our country is a joke under this fumblefuck of a president.

TommyTheMadArtist posted on 2024-01-20 12:59:39   Reply   Private Reply

#9: ghostrider    To: Ada (#6)

Later on I am looking to check any new hazards to navigation, when US mined Haiphong there was 72 hour heads up. Lloyds canceled policies of shippers still in harbor after the set time.

ghostrider posted on 2024-01-20 14:58:27   Reply   Private Reply

#10: BTP Holdings    To: Ada (#6)

cargo headed for an Israeli port.

I heard the Syrian oil that was stolen was sent by tank truck thru Turkey to a port on the Mediterranean Sea and from there to refineries in Israel. ;)

BTP Holdings posted on 2024-01-20 17:53:52   Reply   Private Reply

#11: Ada    To: BTP Holdings (#10)

Been going on for years

Iraqi oil tycoon was Mossad

Ada posted on 2024-01-20 21:18:29   Reply   Private Reply

#12: BTP Holdings    To: Ada (#11)

Iraqi oil tycoon was Mossad

Not a surprise in the least. ROTFLOL

BTP Holdings posted on 2024-01-20 21:33:09   Reply   Private Reply