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Episode #31: The Hormuz Toll Authority and the Section 122 Shocker
The Strait of Hormuz remains closed, but it officially has a new "manager." 📍 This week, Julia Frohwein and Judah Levine dive into Iran’s creation of the Persian Gulf Strait Authority—a move that signals a permanent intent to entrench authority over the passageway. While Operation Freedom managed to extract a few US-flagged vessels, the naval exchanges between the US and Iran have only added to the uncertainty.
In this episode, we break down Maersk’s $500M fuel bill. Carriers are facing massive cost pressures, and while the Transpacific is holding onto its rate gains, the Asia-Europe lanes…
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