GMS Week 19 – BRENT BREAKS, BACKLOG HOLDS
The Week 18 thesis that the blockade had hardened into a structural reality has been challenged, though not overturned, by the most consequential diplomatic move since February 28. Brent collapsed from the April 30 high of USD 126.41 to USD 96.73 on May 6, settling near USD 100 by May 7, after Axios
ORIGINAL SOURCE →via Hellenic Shipping News
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