Who gains from the US/Israel attack on Iran?

Scuttlebutt
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Whatever your first thought was, it was probably wrong:

China stands to benefit most from the war-driven energy crisis

Sales of Chinese electric vehicles and solar panels have surged since the start of the Iran war, companies say.

Source: https://wapo.st/4sUkmfd

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Stop trolling bugge

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Tell that to Washington Post, not me. I just re-posted.

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We had a power cut here the other night, lasted a couple of hours.

Village WhatsApp group lit up with people panicking about how to charge their EV’s.

I am going to go out and buy something with a starting handle.

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Stop trolling bugge

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bugge the viking is always striking

but his ultimate mission is self deletion

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Interesting thread. From where I sit as an engineer on LNG carriers, there’s a clear list of winners and losers from this.

Winners short-term:

  • LNG carriers on long-term charters — Cape of Good Hope rerouting adds 15-20 days per voyage, absorbing tonnage and tightening a market that was actually oversupplied (94 newbuilds delivering this year alone)

  • Middle East shipyards and bunker ports outside the Gulf — Yanbu VLCC loadings have already surged

  • Shadow fleet operators — Iranian-linked tonnage is reportedly still moving through Hormuz while everyone else waits

Losers:

  • The 20,000 seafarers stranded on 2,500 ships west of the strait. At least 10 confirmed dead. This is the part that doesn’t make the financial headlines but it should.

  • Owners with spot exposure in the tanker market — insurance premiums through the strait are now effectively prohibitive

  • Anyone with CII compliance targets — longer voyages on the same cargo = worse carbon intensity ratings, which is going to hit when IMO reviews come around

The part that concerns me most is how slowly the industry responds to crew welfare in these situations. We saw it during COVID crew change crisis, and we’re seeing it again. P&I clubs need to step up faster.

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True but there is a catch.Bab-el- Mandeb must remain opened and Houtis are already shouting revenge.

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