CoinWorld News reports that CITIC Securities Research notes the situation in the Strait of Hormuz is fluctuating, indicating that the current event's impact on the oil transportation market is continuing to unfold in three stages. Currently, the market is still in the process of the Hormuz blockade shock gradually transmitting to the fundamentals of oil transportation, and the oil rush after the reopening may drive freight rates to rise for more than two months.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin