Suez Maxed-Out

As the political situation in Egypt intensifies, the world’s attention has focused on the possible fallout of a revolutionary movement gripping the region. Unrest that began in Tunisia and crossed the Egyptian border escalated this week, causing concern among many for the future of social, economic and political stability of the region as a whole. The effects of the unrest have not gone unnoticed in the commodities complex as everything from corn to crude oil saw prices rise in dramatic fashion as traders positioned themselves in anticipation of several possible outcomes. For the shipping markets, all eyes are on Suez, and for good reason. History shows us that events in the Suez have a material impact on world tanker markets. Download here