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"The Situation Is Dire": Half Of Available Global LNG Tankers Are Trapped In The Persian Gulf
"The Situation Is Dire": Half Of Available Global LNG Tankers Are Trapped In The Persian Gulf
There are thousands of ships in the global oil tanker fleet, by some estimates nearly as many as 9000 (and that excludes sanctions vessels). Just a fraction of these are either waiting to enter the blockaded straits of hormuz, or to leave it.
By contrast, the global LNG fleet is a tiny fraction, and now most of it is stuck inside the Persian Gulf.
According to the WSJ, at least 20 LNG carriers a bout half...
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