TradeWinds News: Tanker market given little room to run as Middle East continues to simmer

August 6, 2024 There is little room for freight rates to move if the Middle East conflict heats up further, Poten & Partners argued in its weekly tanker note. Analyst at the shipbroker Erik Broekhuizen said Houthi militants have already compromised two of the region’s three key maritime chokepoints and pushed up tanker rates.

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