Shipping safety and insurance challenges

The Daily Energy Markets Podcast examined the recent developments in China, following its decision to close the taps for its refined products exports, amidst escalating Middle East tensions and increasing risk to global energy flows. Vandana Hari warned China’s halt to fuel exports reflects governments prioritising domestic supply security. Robin Mills highlighted shipping dangers and insurance hurdles in the Gulf, while Jamal Qureshi and Giacomo Prandelli argued markets may still be underpricing potential disruptions to oil and LNG trade.