In a striking reversal of global energy flows, dozens of empty Very Large Crude Carriers (VLCCs), each capable of hauling roughly 2 million barrels of oil, are racing across the oceans straight toward the U.S. Gulf Coast.
Rory Johnston, one of the top oil-market and shipping analysts in the world, highlighted the dramatic scene in a post that quickly went viral Friday night. “Very cool seeing the wave of empty tankers heading to the US to pick up some desperately needed crude for Hormuz-starved markets,” he wrote, sharing live shipping maps showing the giant vessels converging on Texas and Louisiana ports.
