Well more like 300-400 million for the largest of them, of which there are like 3-4 left in operation (2 of the 4 TI class built in early 00s, and at least one more has been built in recent years). A Suezmax will do like 100 million worth of crude at current prices so for an example anything heading towards Europe is capped at that size. But I reckon a lot of the ones heading for China or Australia would be VLCCs, somewhere between the Suezmax class and the gargantuan ULCC tankers. A VLCC will hold about 200 million worth of crude at current prices.
Iran sticking to its promises of allowing countries not allied and supporting the US.
Allowing them for 2 million a pop, in most cases
Chicken feed when a tanker has a billion dollars worth of oil aboard
Well more like 300-400 million for the largest of them, of which there are like 3-4 left in operation (2 of the 4 TI class built in early 00s, and at least one more has been built in recent years). A Suezmax will do like 100 million worth of crude at current prices so for an example anything heading towards Europe is capped at that size. But I reckon a lot of the ones heading for China or Australia would be VLCCs, somewhere between the Suezmax class and the gargantuan ULCC tankers. A VLCC will hold about 200 million worth of crude at current prices.
All numbers are very rough estimates of course.
Give it another week or so and it’ll be a billion dollars worth.