Energy Giants Are Betting Billions on a World of Longer Oil Routes | HappeningNow.news

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Energy Giants Are Betting Billions on a World of Longer Oil Routes

Global maritime and energy markets are currently showing two significant developments. Both indicate they should not be treated as separate market stories, but as an intertwined sector.

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Summary

Both bets reflect a shift toward energy security and control of physical flows, as chokepoint disruptions and longer trade routes increase the strategic value of tankers.

Read original at Oilprice

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