Strike on Iranian general raises uncertainty in tanker sector
The American airstrike that killed General Qassem Soleimani, a top-ranking Iranian general has sent ripples of uncertainty through the tanker market. In the short term, freight rates are likely to get a boost but disruption could be negative in the longer term
Any retaliation by Iran that involves the Strait of Hormuz could add to market panic and provide an elevated risk premium for vessels willing to transit the area