.....LloydsList: “At least two vessels transiting through the strait are understood to have paid in exchange for safe passage, with one fee reported to have been around $2m.”
— Rosemary Kelanic (@RKelanic) March 23, 2026
$2 million on a VLCC carrying 2 million barrels = $1/barrel premium. Quite a bargain in this market.
Expect…