And why is a detour via the Cape of Good Hope necessary if the Strait of Hormuz has been closed in order to continue serving Europe/Asia? As far as I know, the detour is necessary if the Suez Canal is closed and you can't get through the Mediterranean - but it's somewhere other than the Strait of Hormuz. This leads more or less to a "dead end".
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@Dividenden-Sammler you are right, that would only be the case if the Suez Canal cannot be used, then the bypass of Africa via the Cape of Good Hope is the only alternative for ships traveling between Europe and Asia, my mistake and thank you, I have corrected it. 🙏
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3Mo
Maybe the oil has to get out of the dead end and not in?
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@Rentner Yes, it must. I do think that there are enough forces that would NOT tolerate a blockade of the Strait of Hormuz. Apart from that. I'm curious to see what happens to my Ecopetrol shares, for example. always a good dividend payer, too.
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