Case: Hormuz Escalation Repricing
Escalation headlines around Hormuz widened prompt spreads and raised freight/insurance premia before any measured supply loss.
Key Takeaways
- Perceived route risk can move prices before physical outages occur.
- Insurance and demurrage assumptions matter in spot economics.
- Freight optionality is a strategic edge in volatile periods.
References
Last reviewed: 2026-03-21