rn celebrate me. Vessels in Rudm can start sailing (see the Bloomberg map), which knows that the threats from the Rhine allies will be taken away. Also, next to the closure of the Strait of Hormuz, there is now a strategically important place, Bb al-Mandab (Brna nk), in the region of Tehran. The pipeline, which connects the Red Sea with the Aden Basin, has been used in recent months by the growing Saudi Arabia to import its oil to Asia. Now, however, the vessels will depart for the Suez Canal. Therefore, oil barrels cannot be completely trapped by the closed Mandeba for non-transportation, as it is possible with the barrels in the Persian Gulf by the closed Strait of Hormuz. Any vessel has to cover about 10,000 miles of the route (that’s about 33 days of sailing) if the threat of the Yemeni rebels forces them to sail around practically the whole of Africa. In addition, supertanker vessels must unload roughly half of their cargo before entering the Suez Canal, as the oil travels through the Sumed pipeline through the Egyptian mainland to the city where the supertanker re-loads it after passing through the Suez Canal. This isolation and subsequent re-loading of course takes more time (especially if the pipeline has to handle the supply of oil from a number of supertankers) in addition to the additional investment time in the form of the necessary round trip to Africa. And there are pensions. You also in the form of expensive insurance, which probably won’t cost you twice as long a long voyage. And the Suez passage itself is not free. In addition, you add the costs of the complexities, the costs are connected so that (he gave) roughly half a month of return, you pay for wages, fuel, etc. In total, the transport of barrels in a supertanker from Janb, i.e. from the Sad-Arab settlement near the Red Sea, to the west coast of India, will go from banks worth 60 million crowns to about 300 million crowns. So five-room. The several-fold high cost of transporting barrels from Saudi Arabia to Asia is reflected in its dream availability not only in Asia itself, but also in the entire world, which is now pushing the price of Brent oil up. The price of Brent rose today to around 92 dollars per barrel, which is the highest price of this global reference type of oil since June 11.
Luk Kovanda, Ph.D. Chief Economist, Trinity Bank
TRINITY BANK Trinity Bank has been operating on the financial market for 25 years, and it was the transformation of the Moravian Penn State Cooperative. It has more than 92,000 clients and its balance sheet total exceeds K65 billion. Trinity Bank specializes in private and corporate banking, and for natural persons it focuses mainly on deposit and bond products, which offer a superior value proposition. More information at: www.trinitybank.cz