The next inflation shock: $1 million-a-day oil tankers
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Source: The Japan Times
Published: 2026-09-23 12:31 UTC+10:00
Section: COMMENTARY
Factuality Score: 95
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, Economy & Finance, World News, US Politics, Business & Economy
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Snippet:
Former U.S. President Bill Clinton once said that when a crisis breaks out, the first thing everyone in Washington asks is, “Where is the nearest (aircraft) carrier?” That remains a critical question as the U.S. faces off against Iran in the Strait of Hormuz, but for the shipping industry, it may have been replaced by another: “Where are the nearest oil tankers — and do we have enough?”
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