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الاقتصادية - CNN

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Hormuz Strait Generates $36B in Wealth

Hormuz Strait Generates $36B in Wealth

The oil tanker sector achieved record profits of $36 billion in the first quarter of the year, driven by the closure of the Strait of Hormuz and its impact on increasing shipping rates. Although charter rates are now declining, concerns are growing about a potential market crash after many companies made significant investments in purchasing new ships, amid a surge in orders this year compared to any previous year. This raises fears of a cyclical fluctuation that could disrupt the market in the future.

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