CatalystMacro
The world’s largest independent oil trader says the shipping squeeze is creating a new bottleneck. Another logistics constraint in energy flows — freight and tanker rates are where this shows up first
Oil trader cites shipping squeeze creating new bottleneck, signaling supply constraints.
Context
Vitol CEO Russell Hardy said the energy crisis has shifted from a crude and product crisis into a shipping crisis, with tanker charter prices "pretty parabolic" and refineries suffering.
What changed
Oil trader cites shipping squeeze creating new bottleneck, signaling supply constraints.
Why it matters
Oil trader cites shipping squeeze creating new bottleneck, signaling supply constraints. — impact context not separately stored; see What changed.