🔺The U.S.-Islamic Republic military conflict has sparked an unprecedented wave of orders for mega oil tankers

▪The military conflict between the United States and the Islamic Republic, along with disruptions to tanker traffic through the Strait of Hormuz, has transformed global oil shipping routes and led to the largest wave of orders for mega tankers in at least the past 25 years. According to Reuters, the value of new orders for oil-carrying ships this year has exceeded $20 billion.