Early in the war I wondered why we didn't see more ships risking the journey across Hormuz for big profits…

Armed Conflict · · Hormuz

Early in the war I wondered why we didn't see more ships risking the journey across Hormuz for big profits despite obvious danger

Easily enough spread—early in the war Gulf oil prices were functionally negative—to pay for sky-high insurance & crew hazard pay

Well, we got there:

Source: @Rory Johnston

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