Ever Given is finally free; oil is not

Most oil shipments through Suez Canal are heading toward Asia

As of Monday morning local time, the container ship Ever Given has been moved away from the eastern bank of the Suez canal, w/ numerous tugboats actively trying to reposition the ship. Satellite imagery/Maxar Technologies.

. . . .The recent blockage of traffic through the Suez Canal illustrates just how diverse the causes of oil flow disruption can be, o…