By Paul Sankey
Published on March 2, 2026 at 6:45 PM
Paul, Saw your comments re: the Strait [of Hormuz]. Trying to get a sense of why tanker volume is so low between 1. Insurance 2. Voluntary – “let’s wait” 3. Iranian posturing 4. Fear of attacks 5. Actual attacks… etc… Agree with you that certainly don’t have the Navy to do it and mining seems like an extreme step so question really I guess is what does it take to get tankers (non Chinese/Russian) moving …
Read More
By Paul Sankey
Published on June 24, 2025 at 10:05 AM
This evening, we meet in the Parlour Bar at the Intercontinental, Midtown Manhattan, I will be there 4:30pm meeting Devon and then hang out drinking heavily and telling ribald jokes. Please join. In fact I will be sipping non-alcoholic beer, listening politely. Hopefully to ribald jokes. Sully is in, and he adds value every time. We can talk industrials! Sully is not Brian Sullivan, who was scheduled to interview me again yesterday, but I pulled …
Read More
By Paul Sankey
Published on June 22, 2025 at 7:24 PM
Greetings, So, welcome to “Day 2”. The Iranian Parliament has just voted to close the Straits of Hormuz, which would most threaten the finances of… Iran. Vice President JD Vance has already described it as economic suicide to do so, without reference to what Israeli/US bombing has done to the Iranian economy already. Whoever takes over Iran will desperately need to export oil. The Trump Administration will do everything they can to help them, backed …
Read More
