Comment / OceanX: Waiting for a TACO moment; OOCL outperforms; VLSFO prices soar

ID 863891 © Gvictoria | Dreamstime.com

We are in week three of the US/Israel-Iran war.

For those of us who have been hoping for some kind of TACO action – as in 2025, when Trump suddenly made a ’deal’ with the Houthis once he noticed that his fight was not winnable – there was again nothing good coming in week two.

Apparently, the pain for those impacted by the conflict – GCC countries and consumers across the world that foot the bill of higher energy prices – seems ...