Taiwan Strait Disruption To Supply Chains Short-Lived: S&P Global

The video discusses the potential impact of military exercises near the Taiwan Strait on global supply chains, emphasizing the importance of this shipping lane. It explores the reconfiguration of supply chains due to geopolitical tensions, highlighting the slow shift towards a China plus one strategy. The video also reviews the shipping industry's recent performance, noting a slowdown in demand but sustained earnings. Finally, it examines the tanker market's benefits from strong refining margins and high crude prices.

What factors contributed to the profitability of the shipping industry in the last two years?

In what ways have rising crude prices affected the tanker shipping market?