📊 Hormuz Shipping: Betting on the Pipeline, Not the Strait!
A Saudi pipeline that bypasses Hormuz prices at 82.5% to restart by 31 October. The strait itself reopening prices at 17.5% by year end.
The world routes around the blockage rather than clearing it.
5 things the shipping markets say: https://www.apex.exchange/blog/detail/strait-does-not-reopen-shipping-markets-5-things
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