Oil Tanker Tycoon’s WhatsApp Messages Drive Big Market Moves

AI Summary

Messages from a major supertanker owner are rapidly influencing discussion and market sentiment across the oil-tanker industry. The sector has been disrupted by the Iran war, with informal word-of-mouth playing a key role in circulating information.

The messages from the world’s biggest supertanker owner often begin with pleasantries: “Dear Ladies and Gentlemen.” Within minutes, the WhatsApps are the talk of the oil-tanker industry, a multibillion-dollar corner of the energy market that’s been plunged into chaos by the Iran war this year, and where word of mouth is the main way information spreads.